Lean Hogs Commodity Update for the Week Ending Feb 16, 2024

Lean hogs closed out the week of Feb 12, 2024 at 85.225. Between last week’s price of 81.15 and today’s numbers, the price of lean hogs increased by 5%.

On Feb 16, 2024, lean hogs was at its highest point with a price of 85.225.

Between Jan 16, 2024 and Feb 16, 2024 the price of lean hogs rose by 9.9%. At this time last month, prices for lean hogs were at 77.575 and have now jumped to 85.225.

Lean hogs have also seen price drops since last year. Around this time in 2023, the prices were at 90.975. The change in prices from last year equal a decrease of 6.3%.

The best day for lean hogs came on Feb 22, 2023 when the price was at 91.575.

The total volume for lean hogs this week was 113161. The highest daily volume came on Feb 14, 2024, at 34223.

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