Transcript
Hog futures are trading lower into Thursday's noon hour as the market is disappointed to see midday pork cutout values lower again as traders desperately yearn for greater fundamental support.
Cash hog prices on the National morning report are higher the morning cutout value is lower.
The Canadian Dollar is trading lower 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.