Transcript
Hog futures continue to trade higher as traders remain committed to supporting the lean hog market. The market could soften later this afternoon if fundamental support doesn't arise.
Cash hog prices on the National morning report are lower, the morning cutout value is also lower.
The Canadian Dollar is trading higher against the US dollar at midday.
For the week ending Dec 19, the Western Hog Exchange OlyWest 20 weekly price is $2.07/kg dressed, the OlyWest 21 weekly price is $2.23/kg dressed and the BP4 price is $2.02/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.