Market Commentary: Tuesday, February 10/26

Transcript

Hog futures are again trading lower as the market seems to be anticipating increased supplies that are soon to hit the market. Tuesday's supply and demand report shared a positive outlook for the hog and pork markets of 2026. Pork production for 2026 was increased by 60 million pounds as both slaughter speeds and carcass weights are heavier than originally anticipated. But what also remains true is that while the futures complex may be scaling lower, pork demand over the last two weeks has been noticeably stronger. 

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

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

For the week ending Feb 13, the Western Hog Exchange OlyWest 20 weekly price is $2.13/kg dressed, the OlyWest 21 weekly price is $2.22/kg dressed and the BP4 price is $2.08/kg dressed. This is Pat Matthezing reporting from the Western Hog Exchange.

Weekly Crop Price Report

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