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Lean hog futures were mixed on Monday, with nearby contracts higher and deferred contracts lower. USDA’s national base hog price fell $1.49 to $44.72, while the pork cutout value edged up 16 cents to $70.81; estimated slaughter was above both the prior week and year-earlier level.
The lower cash hog price and larger slaughter estimate point to near-term supply pressure, although futures were mixed and the cutout value was slightly higher. This is routine market information without a new underlying driver.
barchart.comAustin SchroederNov 10, 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.
