Lean Hogs Commodity Update for the Week Ending Jan 12, 2024

Lean hogs closed out the week of Jan 08, 2024 at 71.9. Between last week’s price of 70 and today’s numbers, the price of lean hogs increased by 2.7%.

On Jan 11, 2024, lean hogs was at its highest point with a price of 72.6.

Between Dec 12, 2023 and Jan 12, 2024 the price of lean hogs rose by 5.3%. At this time last month, prices for lean hogs were at 68.25 and have now jumped to 71.9.

Lean hogs have also seen price drops since last year. Around this time in 2023, the prices were at 86.825. The change in prices from last year equal a decrease of 17.2%.

The best day for lean hogs came on Feb 22, 2023 when the price was at 88.25.

The total volume for lean hogs this week was 161983. The highest daily volume came on Jan 09, 2024, at 43187.

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