# US hog futures hit records on tighter herd supplies - CME
						 | The Pig Site

> Lean hog futures hit contract highs at CME on Friday after USDA's quarterly Hogs and Pigs report showed US hog inventory on September 1 at 74.5 million head, down 1.3% year over year, below analyst expectations. Analysts said the supply tightness could extend from December through May 2026, and US cattle inventories remain near multi-decade lows.

- Date: 2025-09-29 · published 2025-09-29T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/23028-us-hog-futures-hit-records-on-tighter-herd-supplies-cme-the-pig-site
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

A smaller hog herd than expected tightens near-term pork supply, supporting hog prices and raising the cost of hog-based feed demand signals. Tight cattle supplies also keep beef and cattle prices firm, which can lift the appeal of alternative proteins.

## Read by commodity

- HOGS: bullish ▲
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| HOGS | 2020-08-26 | [CME update: US hog futures rise as pork supplies contract
						 \| The Pig Site](https://feedsoft.ai/events/51760-cme-update-us-hog-futures-rise-as-pork-supplies-contract-the-pig-site.md) | -0.9% | +22.7% |
| HOGS | 2020-06-24 | [CME update: lean hog futures firm as cold storage supplies drop
						 \| The Pig Site](https://feedsoft.ai/events/52769-cme-update-lean-hog-futures-firm-as-cold-storage-supplies-drop-the-pig-site.md) | -3.2% | +8.3% |
| HOGS | 2026-06-29 | [Hog futures mixed as smaller-than-expected herd spurs buying - CME
						 \| The Pig Site](https://feedsoft.ai/events/18955-hog-futures-mixed-as-smaller-than-expected-herd-spurs-buying-cme-the-pig-site.md) | +0.6% | +8.7% |
| HOGS | 2021-06-24 | [Hog report suggests tighter supplies ahead](https://feedsoft.ai/events/7748-hog-report-suggests-tighter-supplies-ahead.md) | -1.2% | -1.2% |
| HOGS | 2023-07-06 | [Pig outlook: Lean hog futures bulls gain still more power
						 \| The Pig Site](https://feedsoft.ai/events/35028-pig-outlook-lean-hog-futures-bulls-gain-still-more-power-the-pig-site.md) | +1.9% | +5.4% |
| LCATTLE | 2025-07-28 | [US cattle futures rise on record-low herd, tight supply - CME
						 \| The Beef Site](https://feedsoft.ai/events/23895-us-cattle-futures-rise-on-record-low-herd-tight-supply-cme-the-beef-site.md) | +1.1% | +3.8% |
| LCATTLE | 2025-08-13 | [Beef futures climb on tight supply, USDA output cuts - CME
						 \| The Beef Site](https://feedsoft.ai/events/23464-beef-futures-climb-on-tight-supply-usda-output-cuts-cme-the-beef-site.md) | +0.1% | -1.1% |
| LCATTLE | 2024-04-23 | [Live cattle futures jump on supportive USDA feedlot data - CME
						 \| The Cattle Site](https://feedsoft.ai/events/30878-live-cattle-futures-jump-on-supportive-usda-feedlot-data-cme-the-cattle-site.md) | +0.8% | +0.9% |

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2025/09/cattle-markets-steady-as-traders-eye-screwworm-threat-cme

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