# Hog futures down on profit taking - Brownfield Ag News

> Live cattle futures edged higher on firmer boxed beef and pre-Thanksgiving trade, while feeder cattle slipped on weak follow-through buying. Hog futures also eased on profit taking, and cash cattle trade was quiet ahead of the holiday.

- Date: 2016-11-22 · published 2016-11-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73998-hog-futures-down-on-profit-taking-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)

## Why it matters

Routine price moves in cattle and hogs with no major new supply or demand shock. Feeder and live cattle direction depends on packer buying and placements in the coming weeks.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/hog-futures-profit-taking/

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