Transcript
Hog futures are trading lower due to low cash volumes and softening pork demand. It's not likely the market is going to find the level of support it needs ahead of the week's end and will likely keep with this sideways to slightly lower trend through Friday's close.
Cash hog prices on the National morning report are unreported, the morning cutout value is lower.
The Canadian Dollar is trading lower against the US dollar at midday.
For the week ending March 20, the Western Hog Exchange OlyWest 20 weekly price is $2.24/kg dressed, the OlyWest 21 weekly price is $2.33/kg dressed and the BP4 price is $2.19/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.