Market Commentary: Monday, December 1/25

Transcript

Hog futures are trading mostly higher in a narrow range at midday. Fundamentals in the hog market have yet to provide consistent support; however, hog futures may continue to correct from an oversold market, which could move futures above the downtrend line that has been prominent since late September.

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 Dec 5, the Western Hog Exchange OlyWest 20 weekly price is $2.08/kg dressed, the OlyWest 21 weekly price is $2.22/kg dressed and the BP4 price is $2.07/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.

Weekly Crop Price Report

If the PDF does not display, you can download it here.

source