Lean Hogs Commodity Update for the Week Ending Feb 24, 2023

Lean hogs closed out the week of Feb 20, 2023 at 86.025. Between last week’s price of 85.275 and today’s numbers, the price of lean hogs increased by 0.9%.

On Feb 21, 2023, lean hogs was at its highest point with a price of 89.1.

Between Jan 24, 2023 and Feb 24, 2023 the price of lean hogs rose by 0.8%. At this time last month, prices for lean hogs were at 85.375 and have now jumped to 86.025.

Lean hogs have also seen price drops since last year. Around this time in 2022, the prices were at 89.6. The change in prices from last year equal a decrease of 4%.

The best day for lean hogs came on Dec 28, 2022 when the price was at 96.575.

The total volume for lean hogs this week was 104819. The highest daily volume came on Feb 21, 2023, at 37167.

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