Hog futures are lower this morning, even though pork cutout values are mildly higher, the lean hog contracts still can't seem to gain substantial momentum. June and August lean hogs are down as are Octobers. It's unlikely anything is going to change the direction of the lean hog complex ahead of Friday's close..

Cash hog prices are lower this morning, cutout value is currently higher.

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

For the week ending May 15, the Western Hog Exchange OlyWest 20 weekly price is $2.22/kg dressed, the OlyWest 21 weekly price is $2.29kg dressed and the BP4 price is $2.21/kg dressed. This is Crystal Waldner reporting from the Western Hog Exchange.