Lean Hogs Commodity Update for the Week Ending Nov 17, 2023

For the week of Nov 13, 2023, lean hogs finished at 75.45. Compared to last week’s price of 75.575, the price of lean hogs fell by 0.2%.

Nov 15, 2023 saw the price of lean hogs at its lowest point with a price of 74.9.

Between Oct 17, 2023 and Nov 17, 2023 the price of lean hogs rose by 4.7%. At this time last month, prices for lean hogs were at 72.05 and have now jumped to 75.45.

Lean hogs have also seen price drops since last year. Around this time in 2022, the prices were at 86.275. The change in prices from last year equal a decrease of 12.5%.

The worst day for lean hogs occurred on Aug 19, 2022 when the price was at 81.1.

The total volume for lean hogs for the week of Nov 13, 2023 was 83532. On Nov 14, 2023, lean hogs had their lowest daily volume of the week, at 12859.

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