# U.S. livestock: Hogs jump on pork gains - Grainews

> CME lean hog futures rose about 3% to a seven-month high on Tuesday as rising pork and cash hog prices drew fund and chart-based buying. USDA's semi-annual cattle report showed the US herd at 93.585 million head, up 1.1% year over year and above analyst estimates, and live and feeder cattle futures fell to multi-week lows.

- Date: 2017-01-31 · published 2017-01-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73105-u-s-livestock-hogs-jump-on-pork-gains-grainews
- 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

Firmer pork cutout and belly prices support hog values and strengthen demand for feed going into hog production, while a larger cattle herd adds pressure on cattle prices.

## Read by commodity

- HOGS: bullish ▲
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-livestock-hogs-jump-on-pork-gains/

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