Daily Market Outlook | Ontario Pork
Sunday, July 25, 2021
    

Daily Market Outlook

 

Daily Market Outlook Report


Daily Market Outlook Report

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Date: Sunday, Jul 25, 2021  
Yesterday CME Constructed (201) price was: $112.27
Compared to the previous day, the price is up $0.12
Yesterday average Exchange rate was: 1.2575
Yesterday 100% formula price was: $255.88 ckg DW
Yesterday daily US hog volume was: 463,000 head
Compared to 439,000 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 $0.72 lower.


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

Description Price Change From Prior Day
Carcass $122.370 $0.060
Loin $111.780 $2.430
Butt $95.300 ($2.500)
Picnic $90.340 $1.280
Rib $131.120 ($1.400)
Ham $112.040 $2.740
Belly $223.770 ($0.360)



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

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



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

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