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Cash hog prices continued to decline in midweek trade, with national basis weaker than its three-year average. SRW wheat cash fell 26.75 cents to $5.42 1/4 with basis firming.
HRW wheat cash fell 29.25 cents to $5.81 3/4.
Lower cash hog and wheat prices reflect softer demand and ample wheat supply, which weighs on feed grain and livestock price expectations.
profarmer.comOct 28, 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.
Continued decline in cash hog prices undercut futures through convergence pressure.
