Lean hogs price today: trend, volatility and seasonality
Data updated October 13, 2026
66.58usd/lbs+0.76% today
Lean hogs last traded at 66.58 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 over five years (start = 100)
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 66.58 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.