Transcript
Hog futures are trading higher at midday, but traders seem to be appraising the marketplace early this week to see if there's going to be enough support to allow the contracts to trade higher. Pork cutout values are up slightly, but given their mixed nature last week, it will be important that traders see stable support this week.
Cash hog prices on the National morning report are unreported, the morning cutout value is higher.
The Canadian Dollar is trading higher against the US dollar at midday.
For the week ending Sep 19, the Western Hog Exchange OlyWest 20 weekly price is $2.64/kg dressed, the OlyWest 21 weekly price is $2.70/kg dressed and the BP4 price is $2.53/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.