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USDA's report based on October 29, 2026 slaughter data showed negotiated hogs at a weighted average net price near $64.88 per hundredweight. Other formula and purchase arrangement prices were also reported higher.
Negotiated hog prices set the cash benchmark for hog futures and feed demand, and the level suggests steady hog-sector margins for feed buyers.
indexbox.ioOct 30, 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.
