# Hogs Rise Ahead of Cold Storage Report, Cattle Slump | Fox Business

> Lean hog futures rose ahead of the USDA monthly cold storage report, while live cattle fell after a cattle on feed report showed higher-than-expected March placements. Weekly hog slaughter was up 2.4% from last year, and cash hogs had fallen for 22 straight days.

- Date: 2017-04-24 · published 2017-04-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/71655-hogs-rise-ahead-of-cold-storage-report-cattle-slump-fox-business
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Higher cattle placements point to more feedlot supply this summer, which weighs on cattle prices. Traders expect the cold storage data to lift hog cash prices from seasonal lows.

## Read by commodity

- HOGS: bullish ▲
- LCATTLE: bearish ▼

## Sources

- foxbusiness.com: https://www.foxbusiness.com/features/hogs-rise-ahead-of-cold-storage-report-cattle-slump

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