# Hog Market Looks Toppy, Cattle Market Choppy, Analyst Says

> Analyst Terry Roggensack says the lean hog market needs more bullish export news to hold its rally, while the cattle market remains choppy. The USDA choice boxed beef cutout closed 28 cents lower at $243.40, and estimated cattle slaughter was 122,000 head on December 1.

- Date: 2020-12-02 · published 2020-12-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/49781-hog-market-looks-toppy-cattle-market-choppy-analyst-says
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Cattle market consolidation and uncertain holiday beef demand leave cattle and hog prices range-bound, with limited immediate impact on feed demand.

## Read by commodity

- HOGS: neutral
- LCATTLE: neutral

## Sources

- agriculture.com: https://www.agriculture.com/markets/analysis/hog-market-looks-top-cattle-market-choppy-analyst-says

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.