Hog futures are down 2.7% in morning trade, with demand for pork seen as weak due to falling pork cutout prices. Until there's an improvement in the market's fundamentals, mainly from consumers in the form of stronger pork cutout values, it's unlikely that the market will find much upward potential.

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

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

For the week ending Nov 14, the Western Hog Exchange OlyWest 20 weekly price is $2.28/kg dressed, the OlyWest 21 weekly price is $2.38/kg dressed and the BP4 price is $2.25/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.