Lean Hogs Commodity Update for the Week Ending Nov 03, 2023

Lean hogs closed out the week of Oct 30, 2023 at 71.75. Between last week’s price of 70.475 and today’s numbers, the price of lean hogs increased by 1.8%.

On Nov 02, 2023, lean hogs was at its highest point with a price of 73.275.

Between Oct 03, 2023 and Nov 03, 2023 the price of lean hogs rose by 3.9%. At this time last month, prices for lean hogs were at 69.075 and have now jumped to 71.75.

Lean hogs have also seen price drops since last year. Around this time in 2022, the prices were at 83.575. The change in prices from last year equal a decrease of 14.1%.

The best day for lean hogs came on Dec 30, 2022 when the price was at 84.5.

The total volume for lean hogs this week was 135012. The highest daily volume came on Nov 02, 2023, at 34858.

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