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USDA weighted average net hog prices were reported at $65.33 per hundredweight for negotiated purchases and $66.93 for swine or pork. Other formula and purchase arrangements were also reported at higher levels.
The hog price data is a routine government benchmark that confirms the current level of pork pricing. It has limited direct impact on feed demand beyond reflecting existing market conditions.
After 61 past neutral report events, Lean Hogs moved a median -0.4% over 5 sessions (48% higher; middle half -1.3% to +1.8%), and +2.1% over 20.
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.