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Lean hog futures gained 40 to 90 cents across most front months on February 17, with June 2026 hogs at $106.70. The CME Lean Hog Index was $87.13 on February 16, and the pork cutout was 25 cents lower at $95.63 per cwt.
Weekly federally inspected slaughter was 25,000 head below the prior week.
Lower weekly slaughter and a firm cutout support hog prices, though the cutout dip limits the rally. Technical buying lifted front-month contracts.
barchart.comAustin SchroederFeb 18, 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.
