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CME lean hog futures set life-of-contract lows on Monday as plentiful supply and weak demand weighed on prices. December live cattle futures closed down at 219.700 cents per pound, touching their lowest since October 5, while January feeder cattle finished higher after an earlier dip.
Heavy hog supplies and weak pork demand, including Chinese oversupply limiting US exports, point to continued pressure on hog and pork values. Softer cash cattle trade is weighing on live cattle, a routine market move with no new cause.
thebeefsite.comMelanie EppNov 3, 2026
thecattlesite.comMelanie EppNov 3, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
