December 2026 lean hog futures closed at 62.025 cents per pound on October 27, down 2.650 cents or 4.10%. The decline followed the prior session's implied close of 64.675 cents.
A sharp drop in deferred hog futures signals weaker hog margins and lower expected pork output pricing for feed buyers.
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.
December futures dropped 4.10% on Oct 27, a single-day contribution to the weekly slide.
Reports Dec lean hogs closing down 4.10% at 62.025 on Oct 27, matching the day's drop.
Reports the 4.10% single-session drop on Oct 27, which accounts for most of the 5-day move.