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Lean hogs finished the week of October 13 at 82.375, down 2% on the week and 6% over the month. Volume was reported at 124,447 for the week.
Continued declines in hog prices reflect a weaker cash market and reduce producer margins heading into winter.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
The weekly summary shows hogs down 2% on the week and 6% over the month, which confirms the downtrend.