# Hog futures higher on an oversold bounce - Brownfield Ag News

> Hog futures rebounded from oversold levels, while live and feeder cattle closed mostly lower on position squaring ahead of a USDA report. Corn moved mostly steady to firm that day. Cash cattle bids were $115-117 live and $184 dressed.

- Date: 2019-11-21 · published 2019-11-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7040-hog-futures-higher-on-an-oversold-bounce-brownfield-ag-news
- 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

Routine price moves with no new supply or demand shock. Firmer corn adds slight cost pressure to feeding margins.

## Read by commodity

- CORN: neutral
- HOGS: bullish ▲
- LCATTLE: neutral

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/hog-futures-higher-on-an-oversold-bounce/

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