# U.S. livestock: CME live cattle rise on firmer cash price expectations - Grainews

> Nearby live cattle futures rose for a second day on expectations of steady-to-higher cash prices, with packers bidding $111-$112 per cwt. Feedlots moved cattle to market early, potentially tightening supplies. Lean hog futures slipped on softer cash prices and profit-taking after three days of gains.

- Date: 2017-10-27 · published 2017-10-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5335-u-s-livestock-cme-live-cattle-rise-on-firmer-cash-price-expectations-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

Tighter cattle supply supports cash cattle prices, while softer hog cash prices weigh on pork-sector feed demand.

## Read by commodity

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

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-livestock-cme-live-cattle-rise-on-firmer-cash-price-expectations/

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