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NewsSignals AI analysis·Reuters·

CME cattle futures mixed; lean hog futures set fresh lows

Grade Bbearish AI signal$LEAN_HOGS$LIVE_CATTLE$FEEDER_CATTLE
CME lean hog futures hit fresh contract lows as weak demand and sluggish cash markets continued to pressure prices, while cattle futures traded mixed. December lean hog futures fell 2.650 cents to 62.025 cents per pound, while November feeder cattle rose 1.475 cents to 350.025 cents per pound as weaker grain markets provided support. Continued weakness in pork demand and falling cash prices could intensify pressure on hog futures, while cattle markets may remain divided by feed costs and consumer demand concerns.

Bullish strength: 20/100

  • Feeder cattle futures rose as weaker grain markets provided support.
  • Wholesale boxed beef prices increased for both choice and select cuts.

Bearish strength: 80/100

  • Lean hog futures set fresh contract lows.
  • December lean hog futures fell 2.650 cents to 62.025 cents per pound.
  • Weak demand and a sluggish cash market weighed on hog futures.
  • Pork carcass and belly prices declined.
  • Live cattle futures were mostly lower amid consumer demand concerns.
  • Beef packer losses widened to an average of $39.75 per head.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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