Loading…
December lean hog futures rallied from an early low to settle near the session high, while deferred contracts were weaker. The move coincided with traders rolling positions during the Goldman roll period; the commentary also noted weak cash and cutout prices, high production and slaughter, and the possibility of firmer seasonal ham demand ahead of Thanksgiving.
The futures rally was driven mainly by short-covering and contract rolls rather than stronger underlying pork fundamentals. High production and weak demand remain bearish for hog prices, though holiday buying could provide some support.
swineweb.comJim EadieNov 9, 2026
barchart.comBen DiCostanzoNov 9, 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.
