Transcript
Hog futures - The lean hog complex is trading lower into the day's noon hour following the big push seen on Thursday. After breaking through the market's resistance at $100, traders now seem a little skeptical of their bold move and wish that consumer support was stronger today to back their recent technical advancement.
Cash hog prices on the National morning report are unreported, the morning cutout value is lower.
The Canadian Dollar is trading lower against the US dollar at midday.
For the week ending May 16, the Western Hog Exchange OlyWest 20 weekly price is $2.25/kg dressed, the OlyWest 21 weekly price is $2.32/kg dressed, and the BP4 price is $2.20/kg dressed. This is Pat Matthezing reporting from the Western Hog Exchange