Lean Hogs Commodity Update for the Week Ending Aug 04, 2023

For the week of Jul 31, 2023, lean hogs finished at 83.075. Compared to last week’s price of 85.025, the price of lean hogs fell by 2.3%.

Aug 03, 2023 saw the price of lean hogs at its lowest point with a price of 82.05.

Between Jul 03, 2023 and Aug 04, 2023 the price of lean hogs rose by 4.4%. At this time last month, prices for lean hogs were at 79.6 and have now jumped to 83.075.

Lean hogs have also seen price drops since last year. Around this time in 2022, the prices were at 85.15. The change in prices from last year equal a decrease of 2.4%.

The worst day for lean hogs occurred on Aug 05, 2022 when the price was at 82.35.

The total volume for lean hogs for the week of Jul 31, 2023 was 111542. On Aug 04, 2023, lean hogs had their lowest daily volume of the week, at 18039.

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