Market Commentary: Monday, March 2/26

Transcript

Hog futures are trading mixed at midday. The livestock complex is taking a cautious approach to Monday's trade as most of the livestock contracts are currently trading lower. With there being sizeable outside pressure looming over the livestock complex, a lower trend is expected through the day's close.

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 March 6, the Western Hog Exchange OlyWest 20 weekly price is $2.20/kg dressed, the OlyWest 21 weekly price is $2.29/kg dressed and the BP4 price is $2.15/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.

Weekly Crop Price Report

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