Market Commentary: Friday, June 5/26

Transcript

Hog futures   are lower again as traders have all but pulled their support from the sector. You can't point to a lack of fundamental support this week as cash prices and consumer support have both been stronger. Lean hogs are down in June, July and August.

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

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

For the week ending June 5, the Western Hog Exchange OlyWest 20 weekly price is $2.27/kg dressed, the OlyWest 21 weekly price is $2.36kg dressed and the BP4 price is $2.30/kg dressed. This is Crystal Waldner reporting from the Western Hog Exchange.

Weekly Crop Price Report

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