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The USDA’s weekly direct swine report for the week ending November 7, 2026, showed that packer-owned hogs accounted for 40.45% of weekly volume and 40.67% year to date. Market-formula purchases made up 27.85% of weekly volume, negotiated purchases 1.12%, and negotiated-formula purchases 0.23%; the supplied text does not include the report’s price details.
The purchase mix provides a snapshot of how US hogs are being marketed, but the figures shown do not establish a clear change in total supply, demand, or prices.
indexbox.ioNov 9, 2026After 61 past neutral report events, Lean Hogs moved a median -0.4% over 5 sessions (48% higher; middle half -1.3% to +1.8%), and +2.1% over 20.
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.
