Market Commentary: Friday, October 31/25

Transcript

Hog futures are trading mixed today. After having trailed lower throughout most of the week, the lean hog complex has finally stumbled into some mild technical support. Pork cutout values are up slightly Friday morning, which traders could be mindful of; but more than anything ahead of today's close traders seem to be acknowledging the sharp decline the market has made this week and are letting the contracts find a little support ahead of the week's end.

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

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

For the week ending Oct 31, the Western Hog Exchange OlyWest 20 weekly price is $2.34/kg dressed, the OlyWest 21 weekly price is $2.43/kg dressed and the BP4 price is $2.32/kg dressed. This is Pat Matthezing reporting from the Western Hog Exchange.

Weekly Crop Price Report

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