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December lean hog futures stayed under downward pressure as the CME lean hog index fell $0.29 to $59.99 and the five-day cash hog average stood at $40.87. The USDA raised its pork production forecast by 35 million pounds on larger fourth-quarter supplies and cut pork export forecasts for 2026 and 2027.
Larger pork supplies and weaker exports pressure hog prices and reduce producer demand for feed. The lower hog outlook trims the feed-ingredient demand from the hog sector.
guavy.comGuavy AI Editorial TeamNov 15, 2026Not 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.
