# Wholesale values drag hog futures lower - Brownfield Ag News

> CME live and feeder cattle futures closed lower on a lack of direction from the cash trade and mixed wholesale beef values. June live cattle fell $0.55 to $114.25 and May feeder cattle fell $1.80 to $141.60, with cash trade at a standstill.

- Date: 2019-04-30 · published 2019-04-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/59749-wholesale-values-drag-hog-futures-lower-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Lower futures and a stalled cash market signal weaker expected cattle prices, which can cut feedlot margins and reduce feed purchases.

## Read by commodity

- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2019-04-30 | 1 | -4.1% | -9.9 | Same-day report of CME live and feeder cattle futures closing lower on stalled cash trade and mixed wholesale beef values, directly describing the April 30 selloff. |
| LCATTLE | 2019-05-02 | 5 | -5.2% | -3.8 | On April 30 futures closed lower with cash trade stalled and mixed wholesale beef, adding to the selling pressure. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/wholesale-values-drag-hog-futures-lower/

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