# Hogs supported by higher pork, discount to cash - Brownfield Ag News

> Live cattle futures rallied sharply on an oversold bounce ahead of the week's direct cash cattle trade, with August live cattle up $2.20. Feeder cattle also rose sharply, with August feeders up $2.90. A BSE case was found in an 11-year-old cow in Alabama, which is not expected to affect cash or futures prices.

- Date: 2017-07-19 · published 2017-07-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/70111-hogs-supported-by-higher-pork-discount-to-cash-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A cattle futures rebound lifts the value of cattle on feed, which supports demand for feed ingredients, though the rally is technical and tied to oversold conditions rather than a fundamental shift.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/hogs-supported-higher-pork-discount-cash/

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