# Livestock Analysis | Lean hogs mark contract low close; feeders carve multi-month highs - Pro Farmer

> December lean hog futures fell $2.65 to $62.025, another contract low, as heavy technical selling hit the market. The CME lean hog index dropped $1.10 to $70.06 and the pork cutout fell $0.99 to $72.81.

- Date: 2026-10-27 · published 2026-10-29T06:13:33.165Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/591-livestock-analysis-lean-hogs-mark-contract-low-close-feeders-carve-multi-month
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Falling cash hog and cutout values signal weak pork demand and ample supply, pressuring hog prices and reducing demand for hog-feed ingredients.

## Read by commodity

- HOGS: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| HOGS | 2026-10-29 | 5 | -5.4% | -2.8 | December lean hogs fell $2.65 to a contract low on heavy technical selling amid falling cash hog index and cutout, directly driving the 5-day decline. |
| HOGS | 2026-10-27 | 5 | -7.5% | -3.0 | December hogs fell $2.65 to a contract-low close on heavy technical selling with falling index and cutout, a key leg of the decline. |
| HOGS | 2026-10-27 | 1 | -3.3% | -3.0 | Dec lean hogs fell $2.65 to a contract low on Oct 27 on heavy technical selling while the cutout and CME index declined, directly describing the move. |

## Sources

- profarmer.com: https://www.profarmer.com/pro-farmer-max/livestock-analysis/livestock-analysis-lean-hogs-mark-contract-low-close-feeder-carve-multi-month-highs

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