Lean hogs price today: trend, volatility and seasonality
Data updated October 13, 2026
66.88usd/lbs−1.69% today
Lean hogs last traded at 66.88 usd/lbs (close of October 13, 2026), down 20.1% year to date and down 19.8% over twelve months.
It is in a downtrend: both the price and its 50-day average are below the 200-day average, with the price 24.8% below that average.
Over the past 52 weeks it has ranged between 68.03 and 103.10; today's price sits at 0% of that range.
One-month volatility is 38% annualised, close to the middle of its historical range, and the largest fall from a high in the last year was 34.0%.
Returns by period
- 1W
- −12.7%
- 1M
- −16.6%
- 3M
- −30.9%
- 6M
- −27.8%
- Year to date
- −20.1%
- 1Y
- −19.8%
- 3Y
- —
- 5Y
- —
Spot price changes, close to close. They do not include the roll cost or carry of futures, which is what commodity ETFs earn.
Lean hogs price over five years
Trend and risk
- Trend (50/200-day)
- Downtrend
- vs 200-day average
- −24.8%
- RSI (14 days)
- 17
- Momentum 12-1
- −3.9%
- Volatility 1M
- 38.3%
- Volatility 1Y
- 28.3%
- Max drawdown 1Y
- −34.0%
- 52-week range position
- 0%
Futures positioning (CFTC COT)
Managed money (hedge funds and CTAs) held a net short position of 41,504 contracts in Lean hogs (14.0% of open interest), near the most short of the past year. MEDGE reads this as “crowded short”. Report of October 6, 2026.
Lean hogs COT report: positions, history and what followed extremes →
Questions
How has lean hogs performed this year?
As of October 13, 2026, Lean hogs is −20.1% year to date and −19.8% over the last twelve months, at 66.88 usd/lbs.
Is lean hogs above its 200-day moving average?
No: the price is 24.8% below its 200-day average of 90.40. With the 50-day average also below it, the trend reads as down.
How volatile is lean hogs?
Its one-month volatility is 38.3% annualised and one-year volatility 28.3%. Current volatility is at the 76th percentile of all one-month windows in the available history.
Are hedge funds long or short lean hogs?
Managed money (hedge funds and CTAs) held a net short position of 41,504 contracts in Lean hogs (14.0% of open interest), near the most short of the past year. Figures from the CFTC Commitments of Traders report of October 6, 2026.
Related
Source: MarketStack commodity prices; CFTC Commitments of Traders (Disaggregated, futures only). Figures are historical and descriptive; they are not forecasts and not investment advice. MEDGE Capital does not recommend buying or selling any instrument. Risk disclaimer.