# Lean Hog Futures Rise as Wholesale Pork Prices Rebound

- URL: https://stocks.freetheai.org/news/lean-hog-futures-rise-as-wholesale-pork-prices-rebound-5f59a3
- Published: 2026-10-12T22:17:42Z
- Category: commodities; sentiment: bullish; impact: medium
- Symbols: [CME:HE1!](https://stocks.freetheai.org/symbols/CME-HE1!)
- Written by our AI from expert market sources across the web for FreeTheAI Stocks, built by Vibhek Soni
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Lean hog futures on the Chicago Mercantile Exchange (CME:HE1!) closed higher on Monday, with contracts gaining between 22 cents and $1.05. The October 2026 contract settled at $75.600, while December 2026 closed at $68.375. Gains were driven by a recovery in wholesale pork values, which helped futures bounce despite pressure in cash markets.

Wholesale pork cutout values saw significant strength, rising $2.47 in the Friday afternoon report to $82.97 per hundredweight, with all primal cuts higher except for ribs. That wholesale strength countered weaker cash indicators, as the national base hog price dropped $3.24 to $71.02 on Monday morning, and the CME Lean Hog Index fell 80 cents to $77.61 for October 8.

Market participants are watching whether wholesale pork demand remains firm enough to absorb expanding hog supplies. Monday's estimated slaughter reached 498,000 head, running 5,000 head above the previous week and 18,030 head higher than the same period last year. Investors will continue tracking cash index movements and daily slaughter estimates for clues on supply pressure.

## Key points

- Lean hog futures closed 22 cents to $1.05 higher on Monday, supported by stronger wholesale pork cutout values.
- The pork carcass cutout value gained $2.47 to reach $82.97, with higher prices across all primal cuts except ribs.
- National base hog prices fell $3.24 to $71.02 on Monday morning, while the CME Lean Hog Index dropped 80 cents to $77.61.
- Monday's estimated federally inspected hog slaughter reached 498,000 head, exceeding last week's level by 5,000 head.

## Questions and answers

### Why did lean hog futures rise on Monday?

Futures moved higher due to a $2.47 increase in the pork carcass cutout value to $82.97, which helped offset lower cash hog prices.

### What were the cash market prices for hogs?

The national base hog price fell $3.24 on Monday morning to $71.02, while the CME Lean Hog Index stood at $77.61 as of October 8.

### How high was Monday's hog slaughter volume?

Estimated federally inspected hog slaughter reached 498,000 head on Monday, up 5,000 head from the previous week and 18,030 head higher than last year.