Lean Hogs Commodity Update for the Week Ending Feb 02, 2024

Lean hogs closed out the week of Jan 29, 2024 at 83.825. Between last week’s price of 83.25 and today’s numbers, the price of lean hogs increased by 0.7%.

On Jan 30, 2024, lean hogs was at its highest point with a price of 84.9.

Between Jan 02, 2024 and Feb 02, 2024 the price of lean hogs rose by 15.6%. At this time last month, prices for lean hogs were at 72.5 and have now jumped to 83.825.

Lean hogs have also seen price drops since last year. Around this time in 2023, the prices were at 90.2. The change in prices from last year equal a decrease of 7.1%.

The best day for lean hogs came on Feb 22, 2023 when the price was at 91.575.

The total volume for lean hogs this week was 117374. The highest daily volume came on Jan 30, 2024, at 36846.

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