# U.S. livestock: CME hog futures slump on pork demand fears - Country Guide

> CME lean hog futures fell as concerns grew over seasonal supply increases hurting cash prices and curbing retail pork demand. Live cattle contracts also weakened as investors sold April futures in anticipation of softer cash prices. Cash hogs in Iowa and Minnesota averaged 62.19 dollars per cwt.

- Date: 2017-04-03 · published 2017-04-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/71661-u-s-livestock-cme-hog-futures-slump-on-pork-demand-fears-country-guide
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Seasonal supply growth and fund selling push hog and cattle futures lower, which squeezes feeder buyers' margins. Softer pork demand around Easter adds further downside pressure.

## Read by commodity

- HOGS: bearish ▼
- LCATTLE: bearish ▼

## Sources

- country-guide.ca: https://www.country-guide.ca/daily/u-s-livestock-cme-hog-futures-slump-on-pork-demand-fears/

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