Hog futures cannot find a bottom and are trading lower at midday.   Pork cutout values are higher this morning, but it's a little too late to have much effect on the market today, as traders haven't seen true support and stability from consumers to feel safe in trading the contracts higher.  Packers have not had to be aggressive in purchasing hogs, resulting in continued lower cash prices. Hog supplies remain plentiful.

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

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

For the week ending Nov 7, the Western Hog Exchange OlyWest 20 weekly price is $2.29/kg dressed, the OlyWest 21 weekly price is $2.40/kg dressed and the BP4 price is $2.26/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.