Lean Hogs Commodity Update for the Week Ending Oct 20, 2023

For the week of Oct 16, 2023, lean hogs finished at 66. Compared to last week’s price of 69.5, the price of lean hogs fell by 5%.

Oct 20, 2023 saw the price of lean hogs at its lowest point with a price of 66.

In the span of a month, the price of lean hogs dropped by 15.6%. At this time last month, they were at 78.225 and have since dropped to 66.

Lean hogs have also seen price drops since last year. Around this time in 2022, the prices were at 82.9. The change in prices from last year equal a decrease of 20.4%.

The worst day for lean hogs occurred on Aug 05, 2022 when the price was at 75.175.

The total volume for lean hogs for the week of Oct 16, 2023 was 101775. On Oct 18, 2023, lean hogs had their lowest daily volume of the week, at 17834.

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