# Lean hogs lower on disappointing demand - Brownfield Ag News

> Live cattle and feeder cattle futures traded lower at the CME, with April live cattle down $0.17 and June down $0.45. Direct cash cattle trade was at a standstill with asking prices around $130 live, and feeder cattle demand was reported good at Sioux Falls.

- Date: 2019-04-23 · published 2019-04-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/59723-lean-hogs-lower-on-disappointing-demand-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Routine price wrap showing modest declines in cattle futures; weak packer demand points to softer cash cattle prices in the near term.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/lean-hogs-lower-on-disappointing-demand/

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