Hog futures are trading higher as the market continues to see adequate technical support, even though pork cutout values are trading lower today. At this point, it's likely that the bulk of this week's trade in the cash hog market is essentially done with, although a few more clean-up sales still could develop. The hog market is running at a stable level where packers can maintain profitability in processing pork. Packers are keeping hog slaughter at levels where they have positive margins. Weights over the past month are up and packers could increase kill, but it would mean raising hog prices.

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 Dec 5, the Western Hog Exchange OlyWest 20 weekly price is $2.08/kg dressed, the OlyWest 21 weekly price is $2.22/kg dressed and the BP4 price is $2.07/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.