# Hog futures lower on profit-taking - Brownfield Ag News

> Hog futures fell on profit-taking while cattle futures closed higher on follow-through buying. August live cattle closed $0.55 higher at $101.45 and August feeder cattle closed $1.27 higher at $141.97. Cash cattle trades and boxed beef prices were mixed.

- Date: 2020-07-29 · published 2020-07-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/52243-hog-futures-lower-on-profit-taking-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

Routine price wrap with no new fundamental driver; cattle strength modestly supports feeder cattle demand for feed while hogs soften.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/hog-futures-lower-on-profit-taking-12/

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