Market Commentary: Tuesday, February 17/26

Transcript

Hog futures - After a downturn over the last seven trading days, the hog futures are trading higher as the market has finally found some technical support as traders believe that the contracts have created enough space from the contract highs scored in early February.

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

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

For the week ending Feb 20, the Western Hog Exchange OlyWest 20 weekly price is $2.12/kg dressed, the OlyWest 21 weekly price is $2.22/kg dressed and the BP4 price is $2.08/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.

Weekly Crop Price Report

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