# Hog futures pressured by long-term demand concerns - Brownfield Ag News

> Live and feeder cattle futures closed higher on 29 October, supported by firmer box beef and ahead of the week's direct trade. Cash cattle traded around $106 in the South, steady with the prior week, and feeder cattle rose across contracts. Hog futures were pressured by concerns about long-term demand.

- Date: 2020-10-30 · published 2020-10-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/50779-hog-futures-pressured-by-long-term-demand-concerns-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Firm cattle values support feeder cattle demand for feed, while softer hog prices weigh on swine feed demand. Price direction is mixed across livestock, so the net effect on feed buying is modest.

## Read by commodity

- HOGS: bearish ▼
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/hog-futures-pressured-by-long-term-demand-concerns/

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