Hog futures are sluggish today with most, if not all, of the attention being diverted to the cattle complex through morning trade. July futures remain positive with a 15 cent per cwt gain, but the underlying concerns surrounding potential tariff levels and unknowns of how this will impact long-term trade is putting pressure on fall and winter contract price levels.

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

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

For the week ending July 18, the Western Hog Exchange OlyWest 20 weekly price is $2.64/kg dressed, the OlyWest 21 weekly price is $2.67/kg dressed, and the BP4 price is $2.54/kg dressed. This is Pat Matthezing reporting from the Western Hog Exchange