Lean Hogs Commodity Update for the Week Ending May 10, 2024

For the week of May 06, 2024, lean hogs finished at 98.375. Compared to last week’s price of 98.95, the price of lean hogs fell by 0.6%.

May 09, 2024 saw the price of lean hogs at its lowest point with a price of 97.725.

In the span of a month, the price of lean hogs dropped by 6.8%. At this time last month, they were at 105.55 and have since dropped to 98.375.

Lean hogs have also seen an improvement from last year. At this time in 2023, the price was at 93.25. The change in prices from a year ago represents an increase of 5.5%.

The worst day for lean hogs occurred on Dec 13, 2023 when the price was at 89.8.

The total volume for lean hogs for the week of May 06, 2024 was 146993. On May 06, 2024, lean hogs had their lowest daily volume of the week, at 22266.

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