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CME Group said lean hog futures and options traded a record 209,363 contracts on November 9, surpassing the previous daily record set in 2025. It also reported a record 136,923 livestock options contracts traded on November 5, while noting that lean hog prices had fallen to six-year lows.
Steady hog supplies and contracting demand are weighing on prices, pointing to a bearish outlook for lean hogs. Record trading volume reflects increased hedging activity amid the weak market.
prnewswire.comCME GroupNov 11, 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.
