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October lean hog futures fell $1.175 to $83.075 on September 10 in a corrective pullback. The CME lean hog index fell 89 cents to $89.65.
Smithfield Foods warned it expects a third-quarter fresh pork adjusted operating loss of $70 million to $90 million as wholesale pork values compress processing margins.
Falling wholesale pork values and processor losses point to weaker hog prices and reduced demand for hog feed. Producer profitability is also projected to decline.
thepigsite.comPhoenix MintusSep 12, 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.
