Lean Hogs Commodity Update for the Week Ending Dec 15, 2023

Lean hogs closed out the week of Dec 11, 2023 at 71.9. Between last week’s price of 68.975 and today’s numbers, the price of lean hogs increased by 4.2%.

On Dec 15, 2023, lean hogs was at its highest point with a price of 71.9.

In the span of a month, the price of lean hogs dropped by 4%. At this time last month, they were at 74.9 and have since dropped to 71.9.

Lean hogs have also seen price drops since last year. Around this time in 2022, the prices were at 86.2. The change in prices from last year equal a decrease of 16.6%.

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 116758. The highest daily volume came on Dec 14, 2023, at 28020.