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

For the week of Jan 16, 2023, lean hogs finished at 85.725. Compared to last week’s price of 87.275, the price of lean hogs fell by 1.8%.

Jan 19, 2023 saw the price of lean hogs at its lowest point with a price of 84.4.

In the span of a month, the price of lean hogs dropped by 7%. At this time last month, they were at 92.175 and have since dropped to 85.725.

Lean hogs have also seen price drops since last year. Around this time in 2022, the prices were at 85.75. The change in prices from last year equal a decrease of 0%.

The worst day for lean hogs occurred on Oct 04, 2022 when the price was at 83.3.

The total volume for lean hogs for the week of Jan 16, 2023 was 85363. On Jan 17, 2023, lean hogs had their lowest daily volume of the week, at 18377.

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