# U.S. livestock: CME live cattle slide off three-month peak - Country Guide

> CME live cattle futures peaked at a three-month high on Thursday before profit-taking pushed contracts near session lows. Analysts questioned beef demand given cheap poultry and pork, and hog futures fell after technical support breaks.

- Date: 2016-12-01 · published 2016-12-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73594-u-s-livestock-cme-live-cattle-slide-off-three-month-peak-country-guide
- 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)

## Why it matters

Doubts about beef demand against cheaper competing meats cap cattle price gains, and lower hog futures signal softer lean hog values for feed buyers.

## Read by commodity

- HOGS: bearish ▼
- FCATTLE: bearish ▼
- LCATTLE: bearish ▼

## Sources

- country-guide.ca: https://www.country-guide.ca/daily/u-s-livestock-cme-live-cattle-slide-off-three-month-peak/

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