# U.S. hog, cattle futures dive as volatile trade continues

> Live and feeder cattle futures fell sharply in late March, with CME June live cattle down 4.125 cents to 89.425 cents per pound. The nearby April live cattle contract dropped the 4.5-cent daily limit to 100.950 cents.

- Date: 2020-03-27 · published 2020-03-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6443-u-s-hog-cattle-futures-dive-as-volatile-trade-continues
- 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

Lower cattle futures reduce the value of finished animals and feeder cattle, which can weaken demand for feed grains and byproducts used in cattle rations. Lean hog futures moving in the same direction suggests broad livestock weakness.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| FCATTLE | 2020-03-26 | 1 | -7.8% | -4.0 | Reports live and feeder cattle futures diving in late March with April live cattle limit-down, closely matching the sharp one-day feeder decline ending March 26-27 on COVID-driven demand fears. |

## Sources

- reuters.com: https://www.reuters.com/article/usa-livestock/livestock-us-hog-cattle-futures-dive-as-volatile-trade-continues-idUSL1N2BK2VT/

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