# U.S. livestock: CME lean hogs, cattle rise on month-end buying - Grainews

> CME December lean hogs jumped more than 4% on Friday, with October and December spreads unwinding at month and quarter end. USDA's quarterly hog inventory came in at 75.5 million head, up 3% from a year earlier, below analysts' expectation of a 3.5% gain. Live cattle futures also rose.

- Date: 2018-09-28 · published 2018-09-28T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/63192-u-s-livestock-cme-lean-hogs-cattle-rise-on-month-end-buying-grainews
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

A slightly smaller-than-expected hog inventory is mildly supportive for pork prices and hog feed demand. Much of the move was book-squaring rather than fundamental change.

## Read by commodity

- HOGS: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2021-09-24 | [U.S. livestock: CME hogs rise, live cattle slip ahead of USDA reports - Canadian Cattlemen](https://feedsoft.ai/events/45190-u-s-livestock-cme-hogs-rise-live-cattle-slip-ahead-of-usda-reports-canadian.md) | +4.7% | -10.3% |
| HOGS | 2021-07-13 | [U.S. livestock: Hog futures rise as pork production estimates cut - AgCanada](https://feedsoft.ai/events/46233-u-s-livestock-hog-futures-rise-as-pork-production-estimates-cut-agcanada.md) | -2.4% | -1.8% |
| HOGS | 2017-11-22 | [Hog, Cattle Futures Bounce; Pork Belly Stocks Rise \| Fox Business](https://feedsoft.ai/events/68126-hog-cattle-futures-bounce-pork-belly-stocks-rise-fox-business.md) | +2.8% | +5.0% |
| HOGS | 2025-03-17 | [Livestock Production Cycles Affect Long-Term Price Outlook for Cattle, Hogs, and Chickens \| Economic Research Service](https://feedsoft.ai/events/25713-livestock-production-cycles-affect-long-term-price-outlook-for-cattle-hogs-and.md) | -0.5% | -1.9% |
| HOGS | 2025-01-28 | [Live cattle contracts hit lifetime highs following USDA report - CME
						 \| The Beef Site](https://feedsoft.ai/events/26649-live-cattle-contracts-hit-lifetime-highs-following-usda-report-cme-the-beef-site.md) | +2.0% | +6.6% |
| LCATTLE | 2018-05-25 | [U.S. livestock: Feeder cattle extend gains on drop in placements - Grainews](https://feedsoft.ai/events/11033-u-s-livestock-feeder-cattle-extend-gains-on-drop-in-placements-grainews.md) | -1.8% | +0.5% |
| LCATTLE | 2018-11-21 | [U.S. livestock: Cattle futures rally after bullish USDA data - Grainews](https://feedsoft.ai/events/62167-u-s-livestock-cattle-futures-rally-after-bullish-usda-data-grainews.md) | +1.5% | +4.2% |
| LCATTLE | 2018-10-12 | [U.S. livestock: Cattle futures rise on cut in beef production estimate - AgCanada](https://feedsoft.ai/events/62669-u-s-livestock-cattle-futures-rise-on-cut-in-beef-production-estimate-agcanada.md) | +0.0% | +3.5% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-livestock-cme-lean-hogs-cattle-rise-on-month-end-buying/

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