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Packers slowed slaughter pace as pork sales weakened across products, pushing some scheduled hogs into the following week. Grocery store pork sales were down 0.9% in September after inflation adjustment, and export sales to Mexico remain 15% below year-ago levels.
December hog futures are trading under $67/cwt.
Soft demand combined with seasonally heavier hog weights adds near-term supply, which keeps downward pressure on lean hog futures into early 2027.
porkcheckoff.orgOct 20, 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.
Packers slowed slaughter and pork sales weakened, with Mexico exports down 15%, pushing hog prices lower.
Weak pork sales, slower packer slaughter and Mexico exports 15% below last year reduced demand for hogs and pressured futures below $67.
Soft pork demand, slower slaughter and weak Mexican exports pressured hog futures before the drop.
