NewsSignals AI analysis·Dow Jones Newswires·
Lean Hogs Slip, Cattle Futures End Unchanged — Market Talk
Grade Bbearish AI signal$LEAN_HOGS$LIVE_CATTLE
Lean hog futures slipped 0.3% to 65.55 cents per pound as stronger pork export sales and rising cutout prices failed to support the market. The USDA reported weekly pork export sales of 37,500 metric tons, up 12% from the prior four-week average, while beef export sales fell 7% to 18,500 tons and live cattle futures finished unchanged at $2.31125 per pound. Lean hogs could remain under pressure if improving export demand fails to offset weak futures momentum, while cattle futures may stay range-bound.
Bullish strength: 35/100
- Pork export sales rose 3% week over week and 12% above the prior four-week average.
- Pork cutout prices picked up in the USDA morning report.
Bearish strength: 65/100
- Lean hog futures fell 0.3% to 65.55 cents per pound despite stronger cutout prices.
- Beef export sales declined 7% to 18,500 metric tons.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.