# Lean hogs end mixed as pork cutout slips back toward five-year low - CME

> Lean hog futures finished narrowly mixed after a short-covering and technical bounce, while weak pork demand and falling pork prices continued to weigh on the market. The pork carcass cutout value, after modest gains for two days, fell by $1.29 and remained near a low last seen in December 2020; cattle futures rose on technical buying and stronger packer margins.

- Date: 2026-11-11 · published 2026-11-11T09:08:04.616Z
- Category: market · region United States · magnitude low
- Page: https://feedsoft.ai/events/93265-lean-hogs-end-mixed-as-pork-cutout-slips-back-toward-five-year-low-cme
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Weak pork demand and lower cutout values pressure hog returns, potentially reducing incentives for production and feed use; this is bearish for lean hogs. The article does not report a direct change in feed ingredient supply or prices.

## Read by commodity

- HOGS: bearish ▼
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- thepigsite.com: https://www.thepigsite.com/news/2026/11/cattle-futures-rise-again-on-technical-buying-and-packer-margins-cme

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.