Lean Hogs Commodity Update for the Week Ending Jan 19, 2024

For the week of Jan 15, 2024, lean hogs finished at 78.15. Compared to last week’s price of 78.625, the price of lean hogs fell by 0.6%.

Jan 16, 2024 saw the price of lean hogs at its lowest point with a price of 77.575.

Between Dec 19, 2023 and Jan 19, 2024 the price of lean hogs rose by 0.7%. At this time last month, prices for lean hogs were at 77.6 and have now jumped to 78.15.

Lean hogs have also seen price drops since last year. Around this time in 2023, the prices were at 90.1. The change in prices from last year equal a decrease of 13.3%.

The worst day for lean hogs occurred on Nov 27, 2023 when the price was at 73.625.

The total volume for lean hogs for the week of Jan 15, 2024 was 64541. On Jan 19, 2024, lean hogs had their lowest daily volume of the week, at 12455.

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