Lean Hogs Commodity Update for the Week Ending Sep 01, 2023

Lean hogs closed out the week of Aug 28, 2023 at 83.05. Between last week’s price of 79.825 and today’s numbers, the price of lean hogs increased by 4%.

On Aug 30, 2023, lean hogs was at its highest point with a price of 83.6.

In the span of a month, the price of lean hogs dropped by 3%. At this time last month, they were at 85.65 and have since dropped to 83.05.

Lean hogs have also seen price drops since last year. Around this time in 2022, the prices were at 85.425. The change in prices from last year equal a decrease of 2.8%.

The best day for lean hogs came on Dec 30, 2022 when the price was at 93.275.

The total volume for lean hogs this week was 108164. The highest daily volume came on Aug 31, 2023, at 27009.

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