# CME December Lean Hogs Slip to 55.15 Cents as Pork Cutout Hovers Near Five-Year Low

> December 2026 CME lean hog futures closed lower on Thursday, settling at 55.150 cents per pound after dropping 0.875 cents. The USDA pork carcass cutout sits just 15 cents above last week's level, which was the lowest since December 2020.

- Date: 2026-11-13 · published 2026-11-13T18:07:03.154Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/98082-cme-december-lean-hogs-slip-to-55-15-cents-as-pork-cutout-hovers-near-five-year
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Third-quarter slaughter running about 10% higher and carcass weights about 3% heavier have saturated processing channels and weighed on cash bids and primal values. Lower feed costs (December corn at $4.42½, soybean meal at $325.40) offer some relief, but depressed hog prices keep pressure on the outlook for hog prices.

## Read by commodity

- SBM: neutral
- CORN: neutral
- HOGS: bearish ▼

## Sources

- swineweb.com: https://swineweb.com/cme-lean-hog-futures-dip-near-contract-lows-as-harvest-hog-supply-expands/

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