Market Commentary: Friday, January 16/26

Transcript

Hog futures are trading mildly higher into Friday's noon hour. It is helpful to note that midday pork cutout values are a tick higher, which continues to lend traders additional fundamental support and help keep the contracts trading higher.

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

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

For the week ending Jan 16, the Western Hog Exchange OlyWest 20 weekly price is $2.02/kg dressed, the OlyWest 21 weekly price is $2.15/kg dressed and the BP4 price is $1.99/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.

Weekly Crop Price Report

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