Lean Hogs Commodity Update for the Week Ending Nov 24, 2023

For the week of Nov 20, 2023, lean hogs finished at 68.775. Compared to last week’s price of 75.45, the price of lean hogs fell by 8.8%.

Nov 24, 2023 saw the price of lean hogs at its lowest point with a price of 68.775.

In the span of a month, the price of lean hogs dropped by 1%. At this time last month, they were at 69.475 and have since dropped to 68.775.

Lean hogs have also seen price drops since last year. Around this time in 2022, the prices were at 86.45. The change in prices from last year equal a decrease of 20.4%.

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 20, 2023 was 84243. On Nov 20, 2023, lean hogs had their lowest daily volume of the week, at 14568.

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