Lean Hogs Commodity Update for the Week Ending May 31, 2024

For the week of May 27, 2024, lean hogs finished at 97.125. Compared to last week’s price of 97.225, the price of lean hogs fell by 0.1%.

May 29, 2024 saw the price of lean hogs at its lowest point with a price of 96.325.

In the span of a month, the price of lean hogs dropped by 7.9%. At this time last month, they were at 105.425 and have since dropped to 97.125.

Lean hogs have also seen an improvement from last year. At this time in 2023, the price was at 92.725. The change in prices from a year ago represents an increase of 4.7%.

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 27, 2024 was 80705. On May 29, 2024, lean hogs had their lowest daily volume of the week, at 18597.

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