Market Commentary: Friday, August 29/25

Transcript

Hog futures are trading higher at midday, if this continues through the close it will have been an incredible week for the market, as the contracts will have closed higher every day this week. And although pork cutout values are higher this morning, demand has been softer than usual, so this week's momentum in the marketplace has largely been driven by traders.

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

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

For the week ending Aug 29, the Western Hog Exchange OlyWest 20 weekly price is $2.68/kg dressed, the OlyWest 21 weekly price is $2.72/kg dressed and the BP4 price is $2.59/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.

Weekly Crop Market Review

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