# Livestock Analysis | Cattle futures mark fresh multi-week lows - Pro Farmer

> December lean hog futures rose $0.425 to $58.60 but hit a new contract low early, while the CME lean hog index fell $0.82 to $65.75. The USDA pork cutout rose $2.24 to $74.52, led by butts, hams and picnics. Technical analysts describe the hog market as firmly bearish.

- Date: 2026-11-03 · published 2026-11-04T00:10:11.591Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/78563-livestock-analysis-cattle-futures-mark-fresh-multi-week-lows-pro-farmer
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Falling cash hog prices and a bearish technical trend point to weaker hog-producer margins and possibly lower hog feed demand. The cutout gain offers only limited support to prices.

## Read by commodity

- HOGS: bearish ▼

## Sources

- profarmer.com: https://www.profarmer.com/pro-farmer-max/livestock-analysis/livestock-analysis-cattle-futures-mark-fresh-multi-week-lows

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