# U.S. livestock: CME cattle rise but hog futures weaken - Grainews

> Reuters reports lean hog futures fell for a third straight day to new contract lows on fears that trade tensions will push more pork into the domestic market. Live cattle closed firmer on short-covering as packers were expected to buy more to cover cash shortfalls.

- Date: 2018-07-18 · published 2018-07-18T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/5215-u-s-livestock-cme-cattle-rise-but-hog-futures-weaken-grainews
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Trade-driven pork oversupply pressures hog prices, while expected packer demand supports cattle; both feed into feed-buyer cost and margin outlooks.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2020-01-29 | [U.S. livestock: Hogs, cattle sink to multi-month lows - Grainews](https://feedsoft.ai/events/6706-u-s-livestock-hogs-cattle-sink-to-multi-month-lows-grainews.md) | -8.8% | -4.5% |
| HOGS | 2018-03-23 | [U.S. livestock: CME hogs slump again on cash prices, trade war threat - Grainews](https://feedsoft.ai/events/66137-u-s-livestock-cme-hogs-slump-again-on-cash-prices-trade-war-threat-grainews.md) | -5.7% | +4.0% |
| HOGS | 2018-07-17 | [U.S. livestock: CME lean hogs, live cattle end lower - AgCanada](https://feedsoft.ai/events/5218-u-s-livestock-cme-lean-hogs-live-cattle-end-lower-agcanada.md) | -10.7% | -26.8% |
| HOGS | 2022-11-11 | [CME cattle futures firm; hog futures ease
						 \| The Beef Site](https://feedsoft.ai/events/38814-cme-cattle-futures-firm-hog-futures-ease-the-beef-site.md) | -0.4% | -5.5% |
| HOGS | 2019-06-03 | [Trade fights continue to batter U.S. live cattle, lean hog futures](https://feedsoft.ai/events/11384-trade-fights-continue-to-batter-u-s-live-cattle-lean-hog-futures.md) | -2.8% | -9.3% |
| LCATTLE | 2020-11-05 | [U.S. livestock: Cattle futures up on firm cash, export hopes - Grainews](https://feedsoft.ai/events/7937-u-s-livestock-cattle-futures-up-on-firm-cash-export-hopes-grainews.md) | +3.1% | +3.7% |
| LCATTLE | 2019-12-13 | [CME hog, cattle futures climb on U.S-China trade news](https://feedsoft.ai/events/6399-cme-hog-cattle-futures-climb-on-u-s-china-trade-news.md) | +0.8% | +4.9% |
| LCATTLE | 2022-11-11 | [CME cattle futures firm; hog futures ease
						 \| The Beef Site](https://feedsoft.ai/events/38814-cme-cattle-futures-firm-hog-futures-ease-the-beef-site.md) | +0.1% | +1.6% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-livestock-cme-cattle-rise-but-hog-futures-weaken/

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