Market Commentary: Wednesday, May 27/26

Transcript

Hog futures are trading mixed into Wednesday's noon hour as traders yearn to see better consumer support. Meanwhile, the further deferred months are trading slightly lower, potentially because of the fear of having too much supply in the later part of the year and into 2027. 

Cash hog prices on the National morning report are unreported, the morning cutout value is unchanged from yesterday.

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

For the week ending May 29, the Western Hog Exchange OlyWest 20 weekly price is $2.25/kg dressed, the OlyWest 21 weekly price is $2.32kg dressed and the BP4 price is $2.22/kg dressed. This is Pat Matthezing reporting from the Western Hog Exchange.

Weekly Crop Price Report

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