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December lean hog futures hit another contract low as cash hog prices and the CME Lean Hog Index continued to fall. Weekly U.S. pork export sales were 37,300 tons, 5% above the four-week average, while the pork cutout value declined, led by losses in bellies.
Falling cash prices and pork values point to weaker near-term hog demand and weigh on futures. Export sales above their recent average provide some demand support but have not reversed the bearish price trend.
thepigsite.comNov 6, 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.
