Market Commentary: Wednesday, June 18/25

Transcript

Hog futures are trading mostly lower at midday as traders remain cautious when it comes to overly supporting the livestock markets right now. The nearby contracts continue to trail lower, but the deferred months are a little more optimistic.

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

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

For the week ending June 20, the Western Hog Exchange OlyWest 20 weekly price is $2.53/kg dressed, the OlyWest 21 weekly price is $2.62/kg dressed, and the BP4 price is $2.40/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange

Weekly Crop Market Review

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