# Hogs Extend Losses as Cash Weakness Continues

> Lean hog futures extended their slide midday, with contracts $2.50 to $3.22 lower. USDA's national base hog price fell $1.21 to $40.29 and the CME Lean Hog Index dropped to $63.93 on November 3.

- Date: 2026-11-05 · published 2026-11-05T21:06:44.518Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/82372-hogs-extend-losses-as-cash-weakness-continues
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Weaker cash hog prices and lower futures signal ample pork supply relative to demand, which reduces hog-based feed demand and pressures lean hog margins for producers.

## Read by commodity

- HOGS: bearish ▼

## Sources

- barchart.com: https://www.barchart.com/story/news/8680141/hogs-extend-losses-as-cash-weakness-continues

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