Daily Market Outlook | Ontario Pork
Wednesday, October 20, 2021
    

Daily Market Outlook

 

Daily Market Outlook Report


Daily Market Outlook Report

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Date: Wednesday, Oct 20, 2021  
Yesterday CME Constructed (201) price was: $86.24
Compared to the previous day, the price is down $0.63
Yesterday average Exchange rate was: 1.2357
Yesterday 100% formula price was: $192.86 ckg DW
Yesterday daily US hog volume was: 478,000 head
Compared to 477,000 head this time last week



Yesterday's US Afternoon National Direct Hog Report announced the following price trend: Barrow's and gilts compared to Prior Day's close $0.27 lower.


The most recent USDA wholesale pork prices (US$/cwt) are as follows:

Description Price Change From Prior Day
Carcass $99.340 ($1.440)
Loin $102.840 $3.720
Butt $98.670 ($8.570)
Picnic $76.330 $3.000
Rib $126.730 ($1.090)
Ham $56.720 ($0.340)
Belly $189.570 ($10.590)



The most recent Canadian Dollar Future Prices on the Chicago Mercantile Exchange are as follows:

Description Price Change From Prior Day
December 2021 CD
March 2022 CD
June 2022 CD
September 2022 CD



The most recent closing Lean Hog Future Prices on the Chicago Mercantile Exchange are as follows:

Description Price Change From Prior Day
December 2021 LH
February 2022 LH
April 2022 LH
May 2022 LH
June 2022 LH
July 2022 LH
August 2022 LH
October 2022 LH