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Lean hog futures were down 17 cents to $1.35 across the front months at Friday midday. The USDA national base hog price was reported at $44.96, up $4.67 from the previous day, while the CME Lean Hog Index fell $1.07 to $62.86 on November 4.
Lower futures and a declining cash index indicate near-term price pressure for hogs, although the reported rise in the national base price is a counterpoint. The update provides no new supply or demand driver.
dhallonews.comNasdaqNov 7, 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.
