USDA’s Agricultural Marketing Service released its LM_HG215 report on November 10, based on hog slaughter data from November 9. Weighted net prices ranged from $47.70 to $70.92 per hundredweight across purchase categories, while average carcass weights ranged from 214.08 to 223.07 pounds.
The report provides buyers with current U.S. hog price and weight benchmarks, but the figures alone do not establish a broader supply or demand shift or a clear price direction.
After 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.