# Hogs higher, supported by pork demand - Brownfield Ag News

> CME live cattle and feeder futures rose on June 28 on short covering, with August live cattle at $115.62 and August feeders at $146.40. Boxed beef fell sharply on light demand and heavy offerings, and the weekly cattle slaughter was 118,000 head.

- Date: 2017-06-28 · published 2017-06-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/70647-hogs-higher-supported-by-pork-demand-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Sharply lower boxed beef weighs on cattle values, while a weak corn trade supports feeder cattle prices through cheaper feed.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: neutral

## Sources

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

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