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U.S. December lean hog futures fell to about $58.88 per hundredweight, down from $65.58 a week earlier. Wholesale pork prices also dropped 13% in two weeks, while weekly slaughter remained around 2.6 million head.
Lower hog and pork prices can reduce livestock costs for processors, but the lag between live-hog and carcass prices may squeeze packer margins. The price decline is bearish for hogs in the near term.
ainvest.comHenry RiversNov 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.
