Lean Hogs Commodity Update for the Week Ending Aug 31, 2018

For the week of Aug 27, 2018, lean hogs finished at 50.425. Compared to last week’s price of 51.775, the price of lean hogs fell by 2.6%.

Aug 30, 2018 saw the price of lean hogs at its lowest point with a price of 49.125.

In the span of a month, the price of lean hogs dropped by 0.6%. At this time last month, they were at 50.725 and have since dropped to 50.425.

Lean hogs have also seen price drops since last year. Around this time in 2017, the prices were at 64.6. The change in prices from last year equal a decrease of 21.9%.

The worst day for lean hogs occurred on Aug 30, 2017 when the price was at 63.65.

The total volume for lean hogs for the week of Aug 27, 2018 was 129170. On Aug 27, 2018, lean hogs had their lowest daily volume of the week, at 24166.

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