Hog futures are currently trading higher and are beginning to near the market's resistance, which could be problematic for traders later this afternoon if the market's fundamental support isn't as strong as desired.   Unfortunately, pork cutout values are down at the day's start, which may not help traders continue to see the contracts scale higher.

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

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

For the week ending March 13, the Western Hog Exchange OlyWest 20 weekly price is $2.23/kg dressed, the OlyWest 21 weekly price is $2.32/kg dressed and the BP4 price is $2.18/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.