Market Commentary: Friday, November 28/25

Transcript

Hog futures are trading mixed, as the market looks for continued reassurance following Wednesday's dramatic rally. There's been very little interest this week in the cash hog market, but pork cutout values are again up slightly. Packers have not been aggressive buyers this week, as they may already have purchased a significant number of hogs ahead of time.

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

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

For the week ending Nov 28, the Western Hog Exchange OlyWest 20 weekly price is $2.13/kg dressed, the OlyWest 21 weekly price is $2.25/kg dressed and the BP4 price is $2.14/kg dressed. This is Pat Matthezing reporting from the Western Hog Exchange.

Weekly Crop Price Report

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