# U.S. livestock: Hog futures fall to 11-month low - AgCanada

> Lean hog futures fell to an 11-month low on September 12 in a bear-spreading selloff linked to large U.S. hog supplies and falling cash prices. Iowa and southern Minnesota cash hogs fell $1.11 to $55.88/cwt, and October lean hogs settled at 59.45 cents/lb. Live cattle futures also eased as packers resisted paying higher prices.

- Date: 2017-09-12 · published 2017-09-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/69098-u-s-livestock-hog-futures-fall-to-11-month-low-agcanada
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Abundant hog supplies and weaker cash prices point to lower hog values and reduced feed demand. Packers' reluctance to pay up for cattle signals softer livestock prices ahead.

## Read by commodity

- HOGS: bearish ▼
- LCATTLE: bearish ▼

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-livestock-hog-futures-fall-to-11-month-low

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