Hog futures are trading higher as traders seem to believe that the market has trended lower enough for the time being. It is helpful that pork cutout values are a tick higher this morning, but the volume of cash hogs traded over the week has been relatively thin.

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 Nov 21, the Western Hog Exchange OlyWest 20 weekly price is $2.21/kg dressed, the OlyWest 21 weekly price is $2.33/kg dressed and the BP4 price is $2.20/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.