# Hog futures pressured by weaker cash trade - Brownfield Ag News

> Hog futures and cattle futures on the Chicago Mercantile Exchange closed mixed, with feeder cattle lower. Direct cash cattle trade was quiet, with asking prices of $127 to $130 live and bids slow to appear. Boxed beef closed weak on Choice cuts.

- Date: 2019-01-16 · published 2019-01-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/61247-hog-futures-pressured-by-weaker-cash-trade-brownfield-ag-news
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Weaker cash trade and softer futures point to lower near-term hog and feeder cattle prices, which weighs on feed demand from finishing operations.

## Read by commodity

- HOGS: bearish ▼
- FCATTLE: bearish ▼
- LCATTLE: neutral

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/hog-futures-pressured-by-weaker-cash-trade/

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