Lean Hogs Commodity Update for the Week Ending Dec 22, 2023

For the week of Dec 18, 2023, lean hogs finished at 71.35. Compared to last week’s price of 71.9, the price of lean hogs fell by 0.8%.

Dec 20, 2023 saw the price of lean hogs at its lowest point with a price of 70.225.

In the span of a month, the price of lean hogs dropped by 0.7%. At this time last month, they were at 71.825 and have since dropped to 71.35.

Lean hogs have also seen price drops since last year. Around this time in 2022, the prices were at 86.675. The change in prices from last year equal a decrease of 17.7%.

The worst day for lean hogs occurred on Aug 19, 2022 when the price was at 81.1.

The total volume for lean hogs for the week of Dec 18, 2023 was 79128. On Dec 22, 2023, lean hogs had their lowest daily volume of the week, at 13199.

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