# Hog futures pressured by declining wholesale values - Brownfield Ag News

> Live and feeder cattle closed lower at the CME on March 30, with feeder cattle weak on continued declines in wholesale beef values and follow-through selling. Cash cattle trade started slowly, and Joplin auction calves and yearlings were steady to $6 lower on moderate demand and moderate to heavy supply.

- Date: 2020-03-30 · published 2020-03-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/54290-hog-futures-pressured-by-declining-wholesale-values-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Falling boxed beef values pull down feeder and live cattle futures, and weaker cash trade signals lower prices for feedlot and feeder buyers.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/hog-futures-pressured-by-declining-wholesale-values/

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