Transcript
Hog futures are trading higher into today's noon hour, although a couple of the nearby contacts have traded slightly lower. More than anything, the market's increase in consumer demand seems to be encouraging traders to continue to push the complex higher.
Cash hog prices on the National morning report are unreported, the morning cutout value is higher.
The Canadian Dollar is trading higher against the US dollar at midday.
For the week ending Jan 30, the Western Hog Exchange OlyWest 20 weekly price is $2.08/kg dressed, the OlyWest 21 weekly price is $2.20/kg dressed and the BP4 price is $2.02/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.