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Lean hog futures fell on Wednesday as the USDA national base hog price and CME Lean Hog Index declined. September U.S. pork exports totaled 514.5 million pounds, down 5.7% year over year, while the pork cutout value fell $3.14 to its lowest level since December 2020 and slaughter was slightly above the prior week.
Weakening cash and cutout values, alongside lower year-over-year pork exports, point to softer demand and pressure hog prices. Slaughter running above last week modestly adds to near-term supply.
finance.yahoo.comAustin SchroederNov 5, 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.
