Hog futures are trading lower at midday. The lean hog complex is keeping with its steady to somewhat lower trend heading into Friday afternoon. With some traders taking in a long-holiday weekend, there's not much news driving the livestock contracts ahead of Friday's end. Come next week, the market will be looking for early Christmas buying from retailers and is hopeful that pork cutout prices may see some support from that.
Cash hog prices on the National morning report are unreported, the morning cutout value is lower.
The Canadian Dollar is trading lower against the US dollar at midday.
For the week ending Nov 25, the Western Hog Exchange OlyWest 20 weekly price is $2.10/kg dressed, the OlyWest 21 weekly price is $2.20/kg dressed, and the BP4 price is $2.12/kg dressed. This is Pat Matthezing reporting from the Western Hog Exchange