The US pork cutout fell 2% week over week and 28% year over year for the week ending November 6, 2026, but individual cuts moved unevenly. Bellies and spareribs declined sharply, 42% trim rose 39% week over week, and some ham categories also gained.
The mixed movement in pork components means cheaper carcass values do not necessarily translate into lower costs for specific processed products. The cutout decline is bearish for pork overall, but divergent cut prices create different cost pressures by product mix.
Not 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.