Market Commentary: Wednesday, June 10/26

Transcript

Hog futures -After trading lower for four days in a row, the lean hog complex may have found some support as currently its contracts are higher. It is worth noting that, along with finding technical support this morning, the contracts are also pleased to see a slight uptick in pork demand.

Cash hog prices on the National morning report are higher, the morning cutout value is also higher. 

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

For the week ending June 12, the Western Hog Exchange OlyWest 20 weekly price is $2.31/kg dressed, the OlyWest 21 weekly price is $2.39kg dressed and the BP4 price is $2.26/kg dressed. This is Pat Matthezing reporting from the Western Hog Exchange.

Weekly Crop Price Report

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