Hog futures are trading mixed at midday. With more focus moving toward the May and June contracts following the first of April, light to moderate pressure has slowly developed in these contracts. Traders remain comfortable with the current market range but given availability of pork and market-ready hogs, buyers are hard pressed to aggressively move back into the market in the near future.

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

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

For the week ending April 3, the Western Hog Exchange OlyWest 20 weekly price is $2.26/kg dressed, the OlyWest 21 weekly price is $2.33/kg dressed and the BP4 price is $2.23/kg dressed. This is Pat Matthezing reporting from the Western Hog Exchange.