# Fourth-Quarter Lean Hog Futures Close With New Contract Lows

> Fourth-quarter lean hog futures closed at new contract lows on June 29, while the National hog base fell $0.19. Live cattle futures rallied sharply to their highest since March, and corn rose slightly on hot weather concerns despite USDA acreage and stocks figures.

- Date: 2018-06-29 · published 2018-06-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/64672-fourth-quarter-lean-hog-futures-close-with-new-contract-lows
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower deferred hog futures signal weaker expected hog prices and reduced demand for hog feed, while cattle strength supports beef-side feed demand.

## Read by commodity

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

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2018/06/29/fourth-quarter-lean-hog-futures-new

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