Transcript
Hog futures continue to trade lower into Thursday's noon hour. Traders simply desire to see steady and stable support and will need to see that develop before they'll likely lend the contracts any more support. Thursday’s Supply and Demand report showed a mixed outlook for the hog and pork markets of 2026. Pork production for 2026 was decreased by 300 million pounds as slaughters have been lighter than originally anticipated and the latest Quarterly Hogs and Pigs report showed that farrowing intentions are lighter for the rest of the year.
Cash hog prices on the National morning report are unavailable, the morning cutout value is higher.
The Canadian Dollar is trading higher against the US dollar at midday.
For the week ending April 10, the Western Hog Exchange OlyWest 20 weekly price is $2.26/kg dressed, the OlyWest 21 weekly price is $2.33/kg dressed and the BP4 price is $2.22/kg dressed. This is Pat Matthezing reporting from the Western Hog Exchange.