Hogs Falls Back on Monday
Update: 2025-11-04
Description
Despite a slight increase in the national base hog price, lean hog futures saw a dip on November fourth, with contracts closing lower by twelve to seventy cents. The CME Lean Hog Index also continued to slide, falling thirty-four cents to ninety-one dollars and nineteen cents. Pork carcass cutout values dropped by thirty cents to one hundred one dollars and sixty-five cents per hundredweight, with most categories declining except for picnic cuts and ribs. Four hundred ninety-three thousand hogs were federally inspected and slaughtered on Monday, showing a slight increase compared to the same time last year. December, February, and April hogs all finished lower, suggesting ongoing uncertainty among traders as they look ahead into the new year.
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