Transcript
Hog futures are trading mixed at midday as the market has noted the increase in morning pork cutout values but are waiting to see how the afternoon's carcass price fairs before rallying the complex. A positive export sales report tomorrow would provide support for the complex.
Cash hog prices on the National morning report are higher, the morning cutout value is also higher.
The Canadian Dollar is trading lower against the US dollar at midday.
For the week ending Apr 26, the Western Hog Exchange OlyWest 20 weekly price is $2.26/kg dressed, the OlyWest 21 weekly price is $2.37/kg dressed, and the BP4 price is $2.22/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange