# Cattle, hog futures lower heading into Friday - Brownfield Ag News

> Live and feeder cattle closed lower on the CME ahead of the week's direct business, with August live cattle at $186.45. Lean hogs were pressured by sharply lower pork values ahead of the Quarterly Hogs and Pigs report, with July hogs closing $0.45 lower at $89.45.

- Date: 2024-06-27 · published 2024-06-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7982-cattle-hog-futures-lower-heading-into-friday-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

Lower pork cutout values weaken hog futures and signal reduced packer margins for hogs. Cash cattle standoff between buyers and sellers keeps near-term cattle pricing uncertain.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/cattle-hog-futures-lower-heading-into-friday-9/

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