# Livestock Lowdown: Tuesday Midday Livestock Market Summary - Lean Hogs See Sharp Losses

> On 2 March 2021 lean hog futures posted sharp midday losses while live cattle held modestly firmer. May corn rose 9.5 cents per bushel and May soybean meal gained $2.90. Cash cattle asking prices in the South were $116 live.

- Date: 2021-03-02 · published 2021-03-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7329-livestock-lowdown-tuesday-midday-livestock-market-summary-lean-hogs-see-sharp
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower hog futures reduce hog producer margins, while firmer corn and soybean meal raise feed costs. Feed buyers face higher input prices alongside a softer hog complex.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- HOGS: bearish ▼

## Sources

- keyaglivestocklowdown.blogspot.com: http://keyaglivestocklowdown.blogspot.com/2021/03/tuesday-midday-livestock-market-summary.html

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