# Hogs Face Weaker Cash and Cutout

> 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.

- Date: 2026-11-05 · published 2026-11-06T00:07:33.797Z
- Category: market · region United States · magnitude low
- Page: https://feedsoft.ai/events/82690-hogs-face-weaker-cash-and-cutout
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

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.

## Read by commodity

- HOGS: bearish ▼

## Sources

- finance.yahoo.com: https://finance.yahoo.com/markets/commodities/articles/hogs-face-weaker-cash-cutout-133455574.html

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