# Lean hogs drop on profit-taking - Brownfield Ag News

> Lean hog futures fell on profit-taking, and cattle futures were mixed in a narrow range amid concerns about long-term demand. August live cattle closed $0.25 lower and boxed beef moved lower on light demand. Feeder cattle prices at auction were higher.

- Date: 2019-07-25 · published 2019-07-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/58250-lean-hogs-drop-on-profit-taking-brownfield-ag-news
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

The move reflects routine profit-taking after a rally, with cattle prices held up by steady feeder demand and limited by weak boxed beef.

## Read by commodity

- HOGS: bearish ▼
- LCATTLE: neutral

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/lean-hogs-drop-on-profit-taking/

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