Lean Hogs Commodity Update for the Week Ending May 17, 2024

For the week of May 13, 2024, lean hogs finished at 100.05. Compared to last week’s price of 101.45, the price of lean hogs fell by 1.4%.

May 17, 2024 saw the price of lean hogs at its lowest point with a price of 100.05.

In the span of a month, the price of lean hogs dropped by 4.1%. At this time last month, they were at 104.3 and have since dropped to 100.05.

Lean hogs have also seen an improvement from last year. At this time in 2023, the price was at 92.975. The change in prices from a year ago represents an increase of 7.6%.

The worst day for lean hogs occurred on May 26, 2023 when the price was at 90.175.

The total volume for lean hogs for the week of May 13, 2024 was 83638. On May 14, 2024, lean hogs had their lowest daily volume of the week, at 12333.

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