# Lean hogs rebound from contract low - CME

> CME December lean hog futures hit a life-of-contract low at the open before settling higher on bargain buying, and had lost 13.8% for the month. The CME Lean Hog Index fell to its lowest level since January 2024, and USDA pork carcass values hit their lowest since December 2020. Cattle futures also fell for a third session on weak cash trade.

- Date: 2026-10-30 · published 2026-11-01T17:11:27.449Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/17201-lean-hogs-rebound-from-contract-low-cme
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Heavy fourth-quarter hog supplies and falling wholesale pork prices are pulling cash and futures lower, which weakens the feed-buying outlook for hog producers and signals softer demand for feed ingredients.

## Read by commodity

- HOGS: bearish ▼
- LCATTLE: bearish ▼

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2026/10/cattle-futures-fall-for-a-third-session-on-weak-cash-trade-cme

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.