Lean Hogs Commodity Update for the Week Ending May 24, 2024

For the week of May 20, 2024, lean hogs finished at 97.225. Compared to last week’s price of 100.05, the price of lean hogs fell by 2.8%.

May 24, 2024 saw the price of lean hogs at its lowest point with a price of 97.225.

In the span of a month, the price of lean hogs dropped by 11.5%. At this time last month, they were at 109.85 and have since dropped to 97.225.

Lean hogs have also seen an improvement from last year. At this time in 2023, the price was at 91.15. The change in prices from a year ago represents an increase of 6.7%.

The worst day for lean hogs occurred on May 26, 2023 when the price was at 90.175.

The total volume for lean hogs for the week of May 20, 2024 was 80957. On May 24, 2024, lean hogs had their lowest daily volume of the week, at 11778.

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