Hog futures are trading higher at midday with ample support from traders but with not a lot of fundamental support behind their ambitions. Both cash prices and pork cutout values have been lax this week, but even so, traders continue to aggressively push the contracts higher.

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

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

For the week ending Jan 16, the Western Hog Exchange OlyWest 20 weekly price is $2.02/kg dressed, the OlyWest 21 weekly price is $2.15/kg dressed and the BP4 price is $1.99/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.