Market Commentary: Tuesday, April 21/26

Transcript

Hog futures are trading higher after a nine-day downward trend. More than anything the market has finally found some consumer support, which is helping traders put a bottom in the market's current move.

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 April 24, the Western Hog Exchange OlyWest 20 weekly price is $2.23/kg dressed, the OlyWest 21 weekly price is $2.32/kg dressed and the BP4 price is $2.20/kg dressed. This is Pat Matthezing reporting from the Western Hog Exchange.

Weekly Crop Price Report

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