Transcript
Hog futures - With a weaker tone hovering over the entire livestock complex, coupled with the fact that pork cutout values are lower at the day's start the lean hog contracts are once again trading lower. Until consumer support strengthens, it's likely the contracts will remain skeptical of being overly bullish in this choppy market.
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 June 12, the Western Hog Exchange OlyWest 20 weekly price is $2.31/kg dressed, the OlyWest 21 weekly price is $2.39kg dressed and the BP4 price is $2.26/kg dressed. This is Pat Matthezing reporting from the Western Hog Exchange.