Lean Hogs Commodity Update for the Week Ending Dec 01, 2023

Lean hogs closed out the week of Nov 27, 2023 at 70.1. Between last week’s price of 68.775 and today’s numbers, the price of lean hogs increased by 1.9%.

On Nov 30, 2023, lean hogs was at its highest point with a price of 71.475.

In the span of a month, the price of lean hogs dropped by 4.6%. At this time last month, they were at 73.45 and have since dropped to 70.1.

Lean hogs have also seen price drops since last year. Around this time in 2022, the prices were at 86.6. The change in prices from last year equal a decrease of 19.1%.

The best day for lean hogs came on Oct 31, 2022 when the price was at 88.

The total volume for lean hogs this week was 130773. The highest daily volume came on Nov 28, 2023, at 36054.