# Monthly Analysis: Livestock Markets

> DTN's monthly technical review shows June live cattle closing at $114.925 after a new low of $113.90 in April. August feeder cattle closed at $140.375 after a new low, and June lean hogs closed at $81.70 in an uptrend. The analysis uses retracement levels to frame support and resistance.

- Date: 2016-05-01 · published 2016-05-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6002-monthly-analysis-livestock-markets
- 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

The chart signals suggest continued cattle price weakness near term while hog prices hold firm, which affects feed demand across species. Feed buyers may see cattle feeding margins tighten.

## Read by commodity

- HOGS: bullish ▲
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/technically-speaking/blog-post/2016/05/01/monthly-analysis-livestock-markets

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