Hog futures are trading lower as traders aren't willing to advance the contracts any further until fundamental support improves. Thursday's export report shared that pork net sales were down 31% from the previous week and 50% from the prior 4-week average. The three largest buyers were China, Mexico and Canada.

Cash hog prices on the National morning report are lower, the morning cutout value is also lower. 

The Canadian Dollar is trading lower against the US dollar at midday.

For the week ending June 19, the Western Hog Exchange OlyWest 20 weekly price is $2.31/kg dressed, the OlyWest 21 weekly price is $2.37kg dressed and the BP4 price is $2.29/kg dressed. This is Pat Matthezing reporting from the Western Hog Exchange.