Transcript
Hog futures are trading mixed at midday. At midmorning Friday, June hog futures are trading up 40 cents at $92.00, a neutral response to Thursday afternoon's Hogs and Pigs report. The report was neutral on the surface, but a little bearish for cash prices and April futures and a little supportive for the back months.
Cash hog prices on the National morning report are lower, the morning cutout values are also lower.
The Canadian Dollar is trading lower against the US dollar at midday.
For the week ending Mar 31, the Western Hog Exchange OlyWest 20 weekly price is $1.89/kg dressed, the OlyWest 21 weekly price is $1.99/kg dressed, and the BP4 price is $1.98/kg dressed. This is Pat Matthezing reporting from the Western Hog Exchange