# Hog futures supported by cash business - Brownfield Ag News

> Live cattle and feeder cattle futures closed mostly higher on 3 March 2021 as traders watched the cash trade develop. April feeder cattle gained $0.82 to $141.30, and lean hogs were supported by steady cash business. Corn prices moved lower, which provided additional support to feeder cattle.

- Date: 2021-03-03 · published 2021-03-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7331-hog-futures-supported-by-cash-business-brownfield-ag-news
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower corn costs improve feedlot economics and support feeder cattle demand. Firm cash trade in hogs and cattle points to steady near-term prices.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/hog-futures-supported-by-cash-business-2/

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