# Cattle, hog futures lower following USDA report - Brownfield Ag News

> Live and feeder cattle futures closed lower on the CME after a USDA report raised production estimates for 2020. February live cattle fell $1.22 to $119.07 and March feeder cattle fell $1.02 to $134.67.

- Date: 2020-02-12 · published 2020-02-12T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/54713-cattle-hog-futures-lower-following-usda-report-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

A USDA projection of higher cattle production weighs on futures and cash trade, pressuring feeder and fed cattle prices in the near term.

## Read by commodity

- HOGS: bearish ▼
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2020-06-27 | [Hog futures lower following Hogs and Pigs report - Brownfield Ag News](https://feedsoft.ai/events/52770-hog-futures-lower-following-hogs-and-pigs-report-brownfield-ag-news.md) | -0.2% | +1.2% |
| LCATTLE | 2021-09-27 | [Cattle, hog futures react to Friday's USDA reports - Brownfield Ag News](https://feedsoft.ai/events/45189-cattle-hog-futures-react-to-friday-s-usda-reports-brownfield-ag-news.md) | -1.1% | +0.5% |
| LCATTLE | 2017-02-24 | [Feeder cattle futures were sharply lower - Brownfield Ag News](https://feedsoft.ai/events/8680-feeder-cattle-futures-were-sharply-lower-brownfield-ag-news.md) | -0.9% | +3.2% |
| LCATTLE | 2021-06-17 | [Live cattle, hogs sharply lower heading into Friday - Brownfield Ag News](https://feedsoft.ai/events/6260-live-cattle-hogs-sharply-lower-heading-into-friday-brownfield-ag-news.md) | +1.2% | +0.4% |
| LCATTLE | 2017-07-24 | [Cattle futures hit hard by on feed, inventory numbers - Brownfield Ag News](https://feedsoft.ai/events/70086-cattle-futures-hit-hard-by-on-feed-inventory-numbers-brownfield-ag-news.md) | -1.6% | -6.2% |
| FCATTLE | 2020-06-27 | [Hog futures lower following Hogs and Pigs report - Brownfield Ag News](https://feedsoft.ai/events/52770-hog-futures-lower-following-hogs-and-pigs-report-brownfield-ag-news.md) | +2.7% | +5.1% |
| FCATTLE | 2021-09-27 | [Cattle, hog futures react to Friday's USDA reports - Brownfield Ag News](https://feedsoft.ai/events/45189-cattle-hog-futures-react-to-friday-s-usda-reports-brownfield-ag-news.md) | -1.2% | +0.5% |
| FCATTLE | 2017-02-24 | [Feeder cattle futures were sharply lower - Brownfield Ag News](https://feedsoft.ai/events/8680-feeder-cattle-futures-were-sharply-lower-brownfield-ag-news.md) | -1.4% | +6.8% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/cattle-hog-futures-lower-following-usda-report-2/

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