Market Commentary: Wednesday, December 24/25

Transcript

Hog futures are once again trading lower into Wednesday's noon hour after seeing the Quarterly Hogs and Pigs report. With the Christmas holiday less than 24 hours away, traders have merely left the market to trade lower until after the holiday festivities.

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

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

For the week ending Dec 26, the Western Hog Exchange OlyWest 20 weekly price is $2.09/kg dressed, the OlyWest 21 weekly price is $2.25/kg dressed and the BP4 price is $2.04/kg dressed. This is Pat Matthezing reporting from the Western Hog Exchange.

Weekly Crop Price Report

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