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Lean hog futures closed Monday with nearby December down 70 cents while later contracts rose, and open interest increased. USDA's national base hog price fell $10.28 to $50.01 while the pork cutout rose $2.18 to $72.28.
Weak cash hog prices against firmer pork cutout values point to soft near-term pricing for hog producers and a routine market move with no new fundamental driver for feed demand.
barchart.comAustin SchroederNov 3, 2026Not 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.
