Lean Hogs Commodity Update for the Week Ending Dec 29, 2023

For the week of Dec 25, 2023, lean hogs finished at 67.975. Compared to last week’s price of 71.35, the price of lean hogs fell by 4.7%.

Dec 29, 2023 saw the price of lean hogs at its lowest point with a price of 67.975.

In the span of a month, the price of lean hogs dropped by 3%. At this time last month, they were at 70.1 and have since dropped to 67.975.

Lean hogs have also seen price drops since last year. Around this time in 2022, the prices were at 87.05. The change in prices from last year equal a decrease of 21.9%.

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 25, 2023 was 77518. On Dec 29, 2023, lean hogs had their lowest daily volume of the week, at 15389.

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