# Lean hogs firm on discount to cash - Brownfield Ag News

> Live cattle and feeder cattle futures closed lower at the CME on Monday, with August live cattle down $0.20 to $108.42 and August feeders down $0.80 to $151.50. Boxed beef closed weak on light demand, and Oklahoma feeder prices were mixed with steer and heifer calves mostly higher.

- Date: 2018-07-30 · published 2018-07-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/64192-lean-hogs-firm-on-discount-to-cash-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Weak cash cattle demand and softer boxed beef values weigh on the cattle complex, while higher corn futures add cost pressure to feeder cattle. Lean hog firmness on a discount to cash is a routine market observation.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/lean-hogs-firm-on-discount-to-cash/

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