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December lean hog futures rose 22.5 cents to $56.025 as traders covered short positions and bought after last week’s contract lows. Cash hog prices and the CME lean hog index continued to decline, although the index may be nearing a bottom; the USDA’s midday pork report showed cutout values up 23 cents to $69.75.
Weak cash hog prices and a declining index point to pressure on hog returns and feed demand, while any stabilization could limit further downside. The article reports no new corn or soybean meal supply development, so feed commodity price effects are limited.
profarmer.comPro Farmer EditorsNov 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.
