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Lean hog futures fell, with December contracts down $2.45, while USDA’s national base hog price and the CME Lean Hog Index also declined. Weekly pork export sales totaled 37,338 metric tons, and estimated hog slaughter was above the previous week but below the year-earlier level.
Lower hog prices and carcass values signal continued pressure on demand and returns, while the larger weekly slaughter adds near-term supply. Export sales remain a source of demand, but were down from the previous week’s high.
barchart.comAustin SchroederNov 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.
