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The USDA's November 11 negotiated pork report put total pork-cut and trim loads at 196.88, with the reported overall carcass cutout value up 0.23 from the previous day. Primal prices were mixed: loin, butt, and picnic values rose, while rib, ham, and belly values fell.
Mixed primal values indicate uneven demand across pork cuts, with little clear signal for overall hog-price direction; the report's small net increase is mildly supportive of pork values.
indexbox.ioNov 11, 2026After 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.
