Loading…
USDA reported a weighted average net negotiated hog price of $65.15, with other purchase categories at $70.01 and $75.74. Swine or pork formula purchases averaged $67.84.
The figures come from the daily USDA hog price report.
Negotiated hog prices set the cash benchmark for hog margins and feed demand, and these levels point to continued pressure on producer returns.
indexbox.ioOct 28, 2026After 61 past neutral report events, Lean Hogs moved a median -0.4% over 5 sessions (48% higher; middle half -1.3% to +1.8%), and +2.1% over 20.
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.
Very low negotiated cash hog price ($65.15) reflects weak spot demand weighing on futures.
