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Seasonality

Lean Hogs

HE=F · daily history 2000-12-152026-07-31

July avg return (15y)

-1.2%

month-over-month, n = 15 years

July positive-close prob. (15y)

46.7%

share of those years the month closed positive

Years in 15y sample

15

complete calendar years

Strongest month (15y)

7.5%

April

Window15 complete calendar years in sample

Seasonal path

Average cumulative return through the year (blue, 15-year window), each year indexed to its own first session, with 2026 so far overlaid in amber.

Monthly averages

Average month-over-month return by calendar month (positive blue, negative amber), with the positive-close probability labelled above each bar.

Bars: average month-over-month return (15-year window). Labels above each bar: positive-close probability (share of those years the month closed positive).

Monthly table

Every calendar month over the 15-year window. Sortable by average return or positive-close probability.

Monthn years
January-0.18%66.7%15
February6.21%60.0%15
March1.23%33.3%15
April7.46%86.7%15
May5.03%73.3%15
June1.84%66.7%15
July-1.15%46.7%15
August-15.17%6.7%15
September4.64%73.3%15
October-5.97%26.7%15
November-0.69%33.3%15
December5.04%66.7%15