# Hog Futures Touch New Highs; Cattle Rise on Cash Strength | Fox Business

> Lean hog futures touched new highs on Wednesday as wholesale pork recovered from a post-Memorial Day slump, with June contracts up 1.8% and July up 2.5%. Live and feeder cattle futures also rose as cash cattle prices held steady in an online auction at $1.32 a pound.

- Date: 2017-05-31 · published 2017-05-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/71165-hog-futures-touch-new-highs-cattle-rise-on-cash-strength-fox-business
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Firm cash prices have limited the usual seasonal correction in futures, supporting feedlot margins and the cost of feeding animals. Feed buyers should expect continued firm livestock values for now.

## Read by commodity

- HOGS: bullish ▲
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- foxbusiness.com: https://www.foxbusiness.com/features/hog-futures-touch-new-highs-cattle-rise-on-cash-strength

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