CME live, feeder cattle futures rally
Bullish strength: 65/100
- Live cattle futures gained 0.95 cent per pound.
- Feeder cattle futures rose 2.940 cents per pound.
- Lower corn prices could reduce cattle feeding costs.
Bearish strength: 35/100
- Lean hog futures fell to new contract lows.
- Sluggish demand and weak pork prices pressured hog futures.
- Wholesale hog carcass and pork belly prices declined sharply.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.