# Lean hog futures climb as processing slows

> CME live cattle futures were steady to firmer after a five-session climb as beef prices leveled off. Slaughter pace increased as a Schuyler, Nebraska plant returned from planned maintenance.

- Date: 2021-03-24 · published 2021-03-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5152-lean-hog-futures-climb-as-processing-slows
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Higher slaughter pace increases cattle marketings and feed use, though firm beef prices limit downside for cattle futures.

## Read by commodity

- HOGS: bullish ▲
- LCATTLE: neutral

## Sources

- reuters.com: https://www.reuters.com/article/business/lean-hog-futures-climb-as-processing-slows-idUSL1N2LM37A/

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