Market Commentary: Friday, August 8/25

Transcript

Hog futures are trading mixed into Friday's noon hour as the market has again seemed to establish some footing into the futures complex. It is helpful that pork prices are higher also. Given that today's trade is mixed in its nature, it's likely the contracts may be able to keep their somewhat higher trend through the day's end.

Cash hog prices on the National morning 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 Aug 8, the Western Hog Exchange OlyWest 20 weekly price is $2.73/kg dressed, the OlyWest 21 weekly price is $2.77/kg dressed, and the BP4 price is $2.63/kg dressed. This is Pat Matthezing reporting from the Western Hog Exchange

Weekly Crop Market Review

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