# CME cattle futures extend climb on robust packer margins | Financial Post

> CME live cattle futures rose for a fourth straight session on August 22, led by the nearby August contract. Strong packer margins fueled expectations of higher cash cattle demand, while CME lean hog futures slipped on ample supplies.

- Date: 2019-08-22 · published 2019-08-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/57721-cme-cattle-futures-extend-climb-on-robust-packer-margins-financial-post
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Robust packer margins encourage packers to buy more cattle, supporting live and feeder cattle prices. Traders warned the rally could fade after Labor Day buying ends.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/cme-cattle-futures-extend-climb-on-robust-packer-margins

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