Lean Hog Futures Plummet, USDA Reports Market Softening
Update: 2025-11-19
Description
Lean hog futures experienced a downturn on Tuesday, with contracts dropping between sixty-seven cents and one dollar and forty cents. The USDA reported a national base hog price decrease of fifty-eight cents, indicating a softening market for live hogs. The CME Lean Hog Index also fell, reflecting this decline. The pork market saw a decrease in the pork carcass cutout value, with only picnic and belly primal cuts increasing in value. Hams led the downward movement, indicating less demand. Hog slaughter rates have increased significantly, suggesting an oversupply in the market and potential pressure on prices.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
