# Lean hog prices recover moderately

> Lean hog prices recovered moderately from two days of sharp weakness, though October stayed inside the prior day's range. Open interest fell more than 7,200 contracts to a new 2026 low, and hog area under drought rose 11% this week before forecast rains are expected to reduce it.

- Date: 2026-07-31 · published 2026-07-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/18493-lean-hog-prices-recover-moderately
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Falling open interest and easing drought expectations point to limited near-term hog price momentum, though a moderate rebound offers some support.

## Read by commodity

- HOGS: neutral

## Sources

- agupdate.com: https://agupdate.com/iowafarmertoday/mwo/livestock/article_34bb2610-3fd5-4670-8dbd-f31802a4e121.html

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