Lean Hogs Commodity Update for the Week Ending May 26, 2023

For the week of May 22, 2023, lean hogs finished at 74.775. Compared to last week’s price of 83.125, the price of lean hogs fell by 10%.

May 26, 2023 saw the price of lean hogs at its lowest point with a price of 74.775.

In the span of a month, the price of lean hogs dropped by 19.2%. At this time last month, they were at 92.525 and have since dropped to 74.775.

Lean hogs have also seen price drops since last year. Around this time in 2022, the prices were at 101.575. The change in prices from last year equal a decrease of 26.4%.

The worst day for lean hogs occurred on Feb 25, 2022 when the price was at 94.65.

The total volume for lean hogs for the week of May 22, 2023 was 103435. On May 24, 2023, lean hogs had their lowest daily volume of the week, at 18407.

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