# Hog Traders Cautionaly Await Supply News via the Quarterly Inventory

> Cattle trade moved at sharply lower packer bids in the South and North, and hog buyers were set to resume procurement ahead of the Easter slaughter slowdown. Traders awaited the USDA quarterly hog inventory report, which was expected to show herd expansion.

- Date: 2018-03-29 · published 2018-03-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/66139-hog-traders-cautionaly-await-supply-news-via-the-quarterly-inventory
- 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 bids and expected herd growth point to weaker livestock prices and steady long-term demand for feed as herds expand.

## Read by commodity

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

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2018/03/29/hog-traders-cautionaly-await-supply

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