# U.S. livestock: Cattle futures rise with U.S. beef prices - Grainews

> CME live cattle rose on August 11 as choice boxed beef gained $1.15 to $208.35/cwt, and feeder cattle jumped. Lean hogs retreated after a two-month high, with supplies of US hogs seen as too large.

- Date: 2020-08-11 · published 2020-08-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/51745-u-s-livestock-cattle-futures-rise-with-u-s-beef-prices-grainews
- 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

Rising beef prices support cattle values ahead of Labor Day, while oversupplied hog markets pressure pork prices and reduce feed demand from hog producers.

## Read by commodity

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

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-livestock-cattle-futures-rise-with-u-s-beef-prices/

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