
The USDA Economic Research Service released its monthly retail meat price reports covering October 2026. The All-Fresh retail beef price was $9.44 per pound, slightly lower than last September but well above the five-year average, while the retail pork price eased to $4.86 per pound, down from $4.92 in June.
Softening retail pork prices and stabilizing beef prices signal modest demand pressure at the consumer level, which can weigh on hog values and feed-ration economics for livestock producers.
After 159 past bearish report events, Lean Hogs moved a median -0.2% over 5 sessions (47% higher; middle half -2.2% to +1.3%), and +1.0% 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.