# Hog, cattle futures sharply higher on news of trade deal - Brownfield Ag News

> Cattle futures closed sharply higher at the CME on news of a trade deal with Mexico, with August live cattle up $1.95 to $108.20. Feeder cattle also rallied, with August feeders up $1.02 to $150.22.

- Date: 2018-08-27 · published 2018-08-27T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/63477-hog-cattle-futures-sharply-higher-on-news-of-trade-deal-brownfield-ag-news
- 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

Expected increased beef exports to Mexico should absorb supply pressure, supporting live and feeder cattle prices after a sell-off.

## Read by commodity

- HOGS: bullish ▲
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| LCATTLE | 2018-04-04 | [Cattle futures shrug off China tariff news - Brownfield Ag News](https://feedsoft.ai/events/10068-cattle-futures-shrug-off-china-tariff-news-brownfield-ag-news.md) | -1.4% | -1.7% |
| LCATTLE | 2018-04-05 | [Cattle futures extend rally - Brownfield Ag News](https://feedsoft.ai/events/10069-cattle-futures-extend-rally-brownfield-ag-news.md) | -1.6% | -2.6% |
| LCATTLE | 2019-12-13 | [CME hog, cattle futures climb on U.S-China trade news](https://feedsoft.ai/events/6399-cme-hog-cattle-futures-climb-on-u-s-china-trade-news.md) | +0.8% | +4.9% |
| LCATTLE | 2020-01-23 | [Big wins on trade could mean big things for cattle and hog prices - Brownfield Ag News](https://feedsoft.ai/events/55229-big-wins-on-trade-could-mean-big-things-for-cattle-and-hog-prices-brownfield-ag.md) | -1.7% | -4.0% |
| LCATTLE | 2019-09-27 | [Cattle futures surge as trade grows bullish on potential U.S. exports to Japan](https://feedsoft.ai/events/57214-cattle-futures-surge-as-trade-grows-bullish-on-potential-u-s-exports-to-japan.md) | +3.3% | +7.5% |
| FCATTLE | 2018-04-04 | [Cattle futures shrug off China tariff news - Brownfield Ag News](https://feedsoft.ai/events/10068-cattle-futures-shrug-off-china-tariff-news-brownfield-ag-news.md) | +3.3% | +5.7% |
| FCATTLE | 2018-04-05 | [Cattle futures extend rally - Brownfield Ag News](https://feedsoft.ai/events/10069-cattle-futures-extend-rally-brownfield-ag-news.md) | +0.6% | +3.1% |
| FCATTLE | 2019-06-03 | [Trade fights continue to batter U.S. live cattle, lean hog futures](https://feedsoft.ai/events/11384-trade-fights-continue-to-batter-u-s-live-cattle-lean-hog-futures.md) | +3.1% | +2.8% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/hog-cattle-futures-sharply-higher-on-news-of-trade-deal/

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