Lean Hogs Commodity Update for the Week Ending Jun 16, 2023

Lean hogs closed out the week of Jun 12, 2023 at 90.675. Between last week’s price of 83.95 and today’s numbers, the price of lean hogs increased by 8%.

On Jun 16, 2023, lean hogs was at its highest point with a price of 90.675.

Between May 16, 2023 and Jun 16, 2023 the price of lean hogs rose by 3.2%. At this time last month, prices for lean hogs were at 87.875 and have now jumped to 90.675.

Lean hogs have also seen price drops since last year. Around this time in 2022, the prices were at 100.075. The change in prices from last year equal a decrease of 9.4%.

The best day for lean hogs came on Dec 30, 2022 when the price was at 108.65.

The total volume for lean hogs this week was 120541. The highest daily volume came on Jun 12, 2023, at 27948.

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