# A Look at What's Impacting Futures Markets

> December lean hog futures settled at $62.025 per hundredweight on October 27, the lowest nearby close since December 2020. Cash hog prices, the CME Lean Hog Index and the pork cutout have also fallen sharply, with weak wholesale pork demand cited as the main cause.

- Date: 2026-11-03 · published 2026-11-03T12:05:35.325Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/77487-a-look-at-what-s-impacting-futures-markets
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Soft pork demand and heavy cold storage stocks push hog prices lower despite a smaller US herd, which weighs on hog-feed demand and suggests continued pressure on lean hog prices.

## Read by commodity

- HOGS: bearish ▼

## Sources

- schwab.com: https://www.schwab.com/learn/story/looking-to-futures

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