Lean hogs retreat from highs despite weaker dollar - CME Cattle futures edge higher as winter storms disrupt markets29 January 2026 29 January 2026 1 minute read 1 minute read By: By: Global Ag Media North AmericaLean hog futures fell back on Wednesday after reaching contract highs on the Chicago Mercantile Exchange (CME) the previous day as the dollar sank near a four-year low, making US commodities more competitive on the global market, reported Reuters. CME February live cattle finished 1.325 cents higher at 238.725 cents per pound, while March feeder cattle futures rose 3.850 cents to 362.000 cents per pound. CME April lean hogs ended down 1.675 cents at 95.150 cents per pound. Meatpackers slaughtered an estimated 493,000 hogs on Wednesday, up from 487,000 hogs a week ago, according to the US Department of Agriculture (USDA). They slaughtered an estimated 112,000 cattle, down from 114,000 cattle a week earlier, the agency said.