Daily Market Outlook Report

Date: Thursday, Sep 19, 2019

YesterdaysCMEPrice $56.45
PreviousDaysCMEPrice $0.61
YesterdaysNoonExchangeRate 1.3271
YesterdaysHPFP $135.12 ckg DW
YesterdaysDailyHogVolume 488,000 head
LastWeekThisTimeDailyHogVolume 487,000 head this time last week


We also know that:

The CME Constructed price is expected to decrease 0.29 cwt.

Yesterday's US Afternoon National Direct Hog Report announced the following price trend: Barrow's and gilts compared to Prior Day's close $0.29 lower.


The most recent USDA wholesale pork prices (US$/cwt) are as follows:
Date: Sep 18, 2019

Description Price Change From Prior Day
Carcass $67.020 ($0.680)
Loin $64.520 ($4.440)
Butt $84.370 ($0.390)
Picnic $46.410 ($1.080)
Rib $106.960 ($1.990)
Ham $58.420 $0.950
Belly $93.690 $3.050



The most recent Canadian Dollar Future Prices on the Chicago Mercantile Exchange are as follows:
Date: Sep 18, 2019

Description Price Change From Prior Day
December 2019 CD 0.75310 (0.00250)
March 2020 CD 0.75375 (0.00255)
June 2020 CD 0.75370 (0.00260)
September 2020 CD 0.75355 (0.00260)



The most recent closing Lean Hog Future Prices on the Chicago Mercantile Exchange are as follows:
Date: Sep 18, 2019

Description Price Change From Prior Day
October 2019 LH $62.925 $0.825
December 2019 LH $67.800 $0.125
February 2020 LH $74.825 $1.275
April 2020 LH $80.575 $1.050
May 2020 LH $86.450 $0.700
June 2020 LH $91.050 $0.125
July 2020 LH $90.475 ($0.075)
August 2020 LH $89.025 ($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.

Connect With Us

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