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December lean hog futures rose 95 cents to $78.85 on short covering in a downtrend. Cash hog prices and pork cutout values kept weakening, and an analyst argued USDA's 2026 pork and beef production forecasts are too low by roughly 1 million head each.
Weak cash and cutout values keep hog prices under pressure, while expectations of larger 2026 pork supply than USDA forecasts add to bearish sentiment for hogs.
thepigsite.comZachary MintusNov 21, 2025Not enough comparable past events yet for a historical read.
Not 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.
