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Lean hog futures ended mixed on Monday, with front months slightly lower and back months higher. The USDA national base hog price fell 40 cents to $89.74, the CME Lean Hog Index was $96.12, and the pork cutout fell 62 cents to $102.08.
Federally inspected slaughter was 492,000 head, 10,917 below last year.
Lower cash and cutout values signal softer near-term hog prices, while slaughter running below last year limits the size of the supply increase, keeping the move modest.
barchart.comAustin SchroederOct 21, 2025Not 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.
The national base hog price, the CME index, and the cutout all declined on Oct 20, which signals continued cash and pork weakness.
