Lean Hogs Commodity Update for the Week Ending Oct 27, 2023

Lean hogs closed out the week of Oct 23, 2023 at 70.475. Between last week’s price of 66 and today’s numbers, the price of lean hogs increased by 6.8%.

On Oct 27, 2023, lean hogs was at its highest point with a price of 70.475.

In the span of a month, the price of lean hogs dropped by 3.2%. At this time last month, they were at 72.775 and have since dropped to 70.475.

Lean hogs have also seen price drops since last year. Around this time in 2022, the prices were at 83.05. The change in prices from last year equal a decrease of 15.1%.

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 107541. The highest daily volume came on Oct 24, 2023, at 24517.