Loading…
CME Group reported that Lean Hog futures and options hit a daily record of 209,363 contracts on November 9, 2026, above the prior record of 204,948 set in November 2025. Livestock options also set a daily record of 136,923 contracts on November 5, 2026.
Record hedging activity reflects sharp price volatility as lean hog prices have fallen to six-year lows on steady supply and weak demand, signalling bearish pressure on hog and pork-derived feed ingredient demand.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.