Transcript
Hog futures are trading mixed into Tuesday's noon hour as the market yearns to trade higher. Until traders see enough fundamental support arise in the marketplace, a mixed tone will likely remain.
Cash hog prices on the National morning report are higher the morning cutout value is also higher.
The Canadian Dollar is trading higher against the US dollar at midday.
For the week ending May 1, the Western Hog Exchange OlyWest 20 weekly price is $2.25/kg dressed, the OlyWest 21 weekly price is $2.33/kg dressed and the BP4 price is $2.19/kg dressed. This is Pat Matthezing reporting from the Western Hog Exchange.