# Hog futures higher on demand optimism - Brownfield Ag News

> Live and feeder cattle closed lower at the CME on profit-taking ahead of cash trade and the Cattle on Feed report, with feeders also pressured by a higher corn move. Hog futures were higher on demand optimism. Boxed beef firmed on moderate demand.

- Date: 2019-12-16 · published 2019-12-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6405-hog-futures-higher-on-demand-optimism-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), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher corn prices add to feeder cattle cost pressure, while cattle profit-taking reflects routine positioning ahead of a government report.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| HOGS | 2019-12-16 | 1 | +7.5% | 5.1 | Reports that hog futures closed higher on demand optimism on Dec 16 confirm the move's direction and the sentiment driving it. |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/hog-futures-higher-on-demand-optimism-2/

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