# U.S. livestock: Live cattle continue to rally on strong cash prices, fund buying - AgCanada

> U.S. live cattle futures extended their rally on strong cash and wholesale beef prices and continued fund buying. Feeder cattle futures also rose, while lean hog futures gained on short covering but were capped by ample supplies and U.S.-China trade uncertainty.

- Date: 2019-10-28 · published 2019-10-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9665-u-s-livestock-live-cattle-continue-to-rally-on-strong-cash-prices-fund-buying
- 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

Higher cattle prices improve feedlot margins and support placements, which sustains demand for feed. Hog gains are limited by supply and trade uncertainty, which keeps pork-linked feed demand subdued.

## Read by commodity

- HOGS: neutral
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- agcanada.com: https://www.agcanada.com/daily/u-s-livestock-live-cattle-continue-to-rally-on-strong-cash-prices-fund-buying

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