Market Commentary: Friday, November 14/25

Transcript

Hog futures are trading higher at midday, having found some technical support after closing at the lowest point since October 2024 on Thursday. It could be trader moral given that the cattle contracts are trading higher too, or it could partly be because consumer demand is showing more interest today as the midday pork cutout is higher. It's unlikely that any more cash hog trade is going to develop throughout the day.

Cash hog prices on the National morning report are unreported, the morning cutout value is lower.

The Canadian Dollar is trading higher against the US dollar at midday.

For the week ending Nov 14, the Western Hog Exchange OlyWest 20 weekly price is $2.28/kg dressed, the OlyWest 21 weekly price is $2.38/kg dressed and the BP4 price is $2.25/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.

Weekly Crop Price Report

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