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Daily Market Outlook Report

Date: Thursday, Dec 05, 2019

YesterdaysCMEPrice $58.21
PreviousDaysCMEPrice $0.01
YesterdaysNoonExchangeRate 1.3223
YesterdaysHPFP $138.86 ckg DW
YesterdaysDailyHogVolume 494,000 head
LastWeekThisTimeDailyHogVolume 486,000 head this time last week


We also know that:

The CME Constructed price is expected to increase 0.98 cwt.

Yesterday's US Afternoon National Direct Hog Report announced the following price trend: Barrow's and gilts compared to Prior Day's close $0.71 higher.


The most recent USDA wholesale pork prices (US$/cwt) are as follows:
Date: Dec 04, 2019

Description Price Change From Prior Day
Carcass $79.730 ($0.280)
Loin $69.700 ($1.420)
Butt $89.480 ($0.940)
Picnic $69.760 ($2.920)
Rib $128.680 ($5.990)
Ham $85.260 $1.040
Belly $97.350 $3.690



The most recent Canadian Dollar Future Prices on the Chicago Mercantile Exchange are as follows:
Date: Dec 04, 2019

Description Price Change From Prior Day
December 2019 CD 0.75795 0.00615
March 2020 CD 0.75825 0.00610
June 2020 CD 0.75820 0.00595
September 2020 CD 0.75805 0.00605



The most recent closing Lean Hog Future Prices on the Chicago Mercantile Exchange are as follows:
Date: Dec 04, 2019

Description Price Change From Prior Day
December 2019 LH $61.875 ($0.625)
February 2020 LH $68.425 $0.050
April 2020 LH $74.750 $0.475
May 2020 LH $80.875 $0.875
June 2020 LH $87.100 $0.825
July 2020 LH $87.400 $0.650
August 2020 LH $86.925 $0.425
October 2020 LH $74.450 $0.050


About Us

Ontario Pork represents the 1,179 farmers who market 5.5 million hogs in the province. The organization is engaged in many areas, including research, government representation, environmental issues, consumer education and food quality assurance.

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Learn more about our industry and stay in touch via our news articles and other resources found on one of our audience specific websites, and follow us on our social channels.

Ontario Pork