# Hog futures weak, live cattle futures extend gains - CME
						 | The Cattle Site

> CME live cattle contracts touched a fresh seven-year high on tight supplies that boosted cash prices. Lean hog futures eased, though good consumer demand limited losses, and weekly U.S. pork and beef export sales rose.

- Date: 2022-10-21 · published 2022-10-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8066-hog-futures-weak-live-cattle-futures-extend-gains-cme-the-cattle-site
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Tight cattle supplies support live cattle prices, while stronger export sales provide some support to pork and beef demand.

## Read by commodity

- HOGS: bearish ▼
- LCATTLE: bullish ▲

## Sources

- thecattlesite.com: https://www.thecattlesite.com/news/hog-futures-weak-live-cattle-futures-extend-gains-cme

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