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Live cattle vs Lean hogs: which is stronger each month?

Live cattle has been strongest in October (+2.79%) and weakest in March (-0.22%). Lean hogs has been strongest in September (+3.23%) and weakest in August (-0.79%). Live cattle had the higher average in 9 of 12 months, and the two pointed the same way in 7 of 12.

Month by month

MonthLive cattle averageLive cattle up yearsLean hogs averageLean hogs up yearsStronger
January+0.85%65%-0.20%62%Live cattle
February+1.87%79%+2.22%52%Lean hogs
March-0.22%60%-0.52%32%Live cattle
April+1.65%48%+1.59%65%Live cattle
May+0.74%46%+0.66%50%Live cattle
June+1.52%58%-0.48%50%Live cattle
July+0.90%54%-0.09%58%Live cattle
August+0.56%42%-0.79%54%Live cattle
September+0.55%58%+3.23%65%Lean hogs
October+2.79%68%+1.64%52%Live cattle
November-0.11%48%+1.55%52%Lean hogs
December+1.92%84%+0.01%48%Live cattle

Live cattle since 2001, Lean hogs since 2001, monthly close to close, as of October 16, 2026. The highlighted row is the current month. Monthly correlation over the last 15 years: 0.15.

More on each market

Questions

What is the best month for Live cattle?

Since 2001, October has averaged +2.79% for Live cattle, higher in 68% of 25 years.

What is the best month for Lean hogs?

Since 2001, September has averaged +3.23% for Lean hogs, higher in 65% of 26 years.

Do Live cattle and Lean hogs move together?

Over the last 15 years their monthly moves had a correlation of 0.15, where 1 means they always move together and 0 means no link.

History describes the past. Not investment advice.

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Not investment advice. Market Seasonality publishes historical statistics, news summaries and scenario analysis for information and education. Past patterns do not guarantee future results. Nothing here is a recommendation to buy, sell or hold any asset, and scenarios describe possible paths without predicting them. See the disclaimer and methodology.