Transcript
Hog futures are yet again rallying into today's noon hour. What's interesting about the pork cutout report this morning is that substantial gains are currently being seen across the vast majority of the cuts, which indicates that consumer demand is widespread.
Cash hog prices on the National morning report are unreported, the morning cutout value is higher.
The Canadian Dollar is trading lower against the US dollar at midday.
For the week ending Nov 1, the Western Hog Exchange OlyWest 20 weekly price is $2.12/kg dressed, the OlyWest 21 weekly price is $2.27/kg dressed, and the BP4 price is $2.07/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange