# SWINEWEB PORK INTELLIGENCE | The Pork Cutout & Executive Market Brief — October 19, 2026 - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info

> The US pork cutout closed at $80.55 per cwt, nearly unchanged from the prior week. National negotiated cash hog prices fell to $67.09 per cwt, the CME Lean Hog Index declined to $75.09, and December lean hog futures settled at $66.925. Managed money increased its net short position to 42,088 contracts.

- Date: 2026-10-19 · published 2026-10-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/598-swineweb-pork-intelligence-the-pork-cutout-and-executive-market-brief-october
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Weakening cash hogs and a growing speculative net short point to lower hog prices, lowering the cost of pork-based inputs and reducing meat and bone meal supply pressure.

## Read by commodity

- HOGS: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| HOGS | 2026-10-19 | 1 | -2.4% | -3.8 | Same-day brief shows falling negotiated cash hogs ($67.09), a declining CME Lean Hog Index and managed money adding to net shorts, pointing to weak cash fundamentals and bearish speculative sentiment pressuring futures. |
| HOGS | 2026-10-21 | 5 | -8.7% | -3.0 | Falling cash hogs and CME Lean Hog Index, flat cutout, and growing managed money net short position show weak fundamentals and bearish speculative positioning pressuring futures. |
| HOGS | 2026-10-19 | 5 | -7.7% | -3.2 | Cash hogs, the CME Lean Hog Index and December futures fell while managed money increased its net short, showing fund-driven selling pressure. |
| HOGS | 2026-10-27 | 5 | -7.5% | -3.0 | Falling cash and index plus rising managed money net short position added selling pressure. |
| HOGS | 2026-10-27 | 1 | -3.3% | -3.0 | Falling cash and index prices with growing managed money net short positioning set a bearish backdrop. |

## Sources

- swineweb.com: https://swineweb.com/swineweb-pork-intelligence-the-pork-cutout-executive-market-brief-october-19-2026/

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