Market Commentary: Wednesday, April 8/26

Transcript

Hog futures - Following Monday's aggressive rally, the lean hog complex has spent its time moving lower as traders aren't confident the market holds enough support to justify a higher move.

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

The Canadian Dollar is trading lower 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.

Weekly Crop Price Report

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