Transcript
Hog futures are trading lower. Sinking to its lowest point since last November in the spot July contract, the lean hog complex continues to suffer as traders need stronger 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 June 12, the Western Hog Exchange OlyWest 20 weekly price is $2.31/kg dressed, the OlyWest 21 weekly price is $2.39kg dressed and the BP4 price is $2.26/kg dressed. This is Pat Matthezing reporting from the Western Hog Exchange.