0.8 0 0.57%
Official Close 3/17/2023 MI Indication


Commodity Snapshot

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Unit conversion for Lean Hog Price Today

Conversion Lean Hog Price Price
1 Pound ≈ 0,453 Kilograms Lean Hog Price Per 1 Kilogram 1.76 USD
1 Pound = 16 Ounces Lean Hog Price Per 1 Ounce 0.05 USD

Agriculture

Name Price % Unit Date
Cotton 0.78 -1.79 USD per lb. 3/17/23 02:20 PM
Oats 3.48 0.43 USD per Bushel 3/17/23 02:20 PM
Lumber 452.40 3.15 USD per 1.000 board feet 3/17/23 04:05 PM
Coffee 1.82 2.68 USD per lb. 3/17/23 11:23 AM
Cocoa 2,147.00 5.35 GBP per Ton 3/16/23 06:37 AM
Live Cattle 1.62 0.05 USD per lb. 3/17/23 02:05 PM
Lean Hog 0.80 0.57 USD per lb. 3/17/23 02:05 PM
Corn 6.35 0.44 USD per Bushel 3/17/23 02:20 PM
Feeder Cattle 1.89 -0.41 USD per lb. 3/17/23 02:05 PM
Milk 18.06 0.17 USD per cwt.sh. 3/17/23 02:15 PM
Orange Juice 2.43 0.39 USD per lb. 3/17/23 02:00 PM
Palm Oil 4,069.00 -0.37 MYR per Ton 3/17/23 06:00 AM
Rapeseed 467.50 -1.06 EUR per Ton 3/17/23 01:30 PM
Rice 17.17 -0.69 USD per cwt. 3/17/23 02:20 PM
Soybean Meal 465.40 -1.81 USD per Ton 3/17/23 02:20 PM
Soybeans 14.76 -0.97 USD per Bushel 3/17/23 02:20 PM
Soybean Oil 0.57 -0.50 USD per lb. 3/17/23 02:20 PM
Wheat 266.25 -1.21 EUR per Ton 3/17/23 01:30 PM
Sugar 0.21 -0.34 USD per lb. 3/17/23 01:00 PM

Live pigs

Live pigs are usually six months old and ready for slaughter. There are clear cycles on the pig market since, unlike the market for live cattle, farmers are barely able to react to price fluctuations since the slaughter of pigs ready for slaughter can neither be sped up nor slowed down. (read more)

A sow can give birth to piglets twice a year. After a pregnancy lasting 3.5 months a litter of between 9 and 10 piglets is usually born. These are suckled for 3 to 4 weeks before they are fattened to the optimal slaughter weight of around 254 pounds in around 5 months. They are mainly fed grain with protein supplements. Around 90 kilos of meat are produced from the 254 pounds that the live pig weighs before it is slaughtered.

The largest consumer of pork is China, followed by the EU and the USA. The EU is also the largest exporter of pork, while Japan imports the most.