# Morning Ag Markets – Matt Hines – Loewen and Associates Headlines & Commentary

> Livestock futures were mixed in the week ending June 18, 2021, after sharply lower grains and falling pork prices. Negotiated fed cattle trade rose to $124 live in the North and $122 in the South, and lean hog futures fell as pork prices collapsed and exports slowed.

- Date: 2021-06-21 · published 2021-06-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7749-morning-ag-markets-matt-hines-loewen-and-associates-headlines-and-commentary
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Higher cash cattle prices support live cattle futures and feeder demand, while the collapse in pork values and slower exports weigh on hog prices and hog-feed demand.

## Read by commodity

- HOGS: bearish ▼
- LCATTLE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2021-06-21 | 1 | +2.0% | 3.4 | Weekly wrap noting higher negotiated cash fed cattle trade ($124 North, $122 South) after the prior week's selloff, which supports a rebound in live cattle futures on June 21. |

## Sources

- blog.loewenassociates.com: https://blog.loewenassociates.com/morning-ag-markets-matt-hines-455/

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