# This week's lower wholesale values pressure hog futures - Brownfield Ag News

> Live cattle closed mostly higher on the CME on Friday, with August live cattle up $0.67 to $108.62, while feeder cattle were mostly lower. Lean hog futures were pressured by lower wholesale pork values, and drought worsened hay conditions in Missouri, with 32 percent of the state in severe or extreme drought.

- Date: 2018-07-27 · published 2018-07-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/64193-this-week-s-lower-wholesale-values-pressure-hog-futures-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

Lower wholesale pork values pull hog futures down, while drought-driven hay shortages raise cattle feeding costs and may push producers to market animals early. Routine price commentary with no major new cause.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/this-weeks-lower-wholesale-values-pressure-hog-futures/

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