# Hog futures up on cash and wholesale support - Brownfield Ag News

> CME live cattle futures fell on profit taking after last week's direct trade and a drop in the Dow Jones, while hog-related wording in the headline refers to a cattle market wrap. June live cattle declined $1.52 to $103.12 and feeder cattle were mixed on lower corn.

- Date: 2018-05-29 · published 2018-05-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/65133-hog-futures-up-on-cash-and-wholesale-support-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

Ample fed cattle supplies through mid-summer and good packer margins keep cash cattle steady, while lower corn provides some feeder support. The move is routine price action without a new fundamental shock.

## Read by commodity

- CORN: bearish ▼
- FCATTLE: neutral
- LCATTLE: bearish ▼

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/hog-futures-up-on-cash-and-wholesale-support/

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