Transcript
Hog futures are trading lower as traders can't seem to find the support and stability they need. Midday pork cutout values are higher, but traders could have used that support earlier in the week if it were going to amount to something sizeable and genuinely supportive.
Cash hog prices on the National morning report are lower, the morning cutout value is higher.
The Canadian Dollar is trading lower against the US dollar at midday.
For the week ending May 1, the Western Hog Exchange OlyWest 20 weekly price is $2.25/kg dressed, the OlyWest 21 weekly price is $2.33/kg dressed and the BP4 price is $2.19/kg dressed. This is Pat Matthezing reporting from the Western Hog Exchange.