Transcript
Hog futures are trading higher at midday as the market's technical support remains unwavering. Subtle losses are seen consistently throughout this morning's pork cutout report, but with the belly's $5.71 decline it's no wonder that the carcass price is indeed lower.
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 Feb 21, the Western Hog Exchange OlyWest 20 weekly price is $2.28/kg dressed, the OlyWest 21 weekly price is $2.41/kg dressed, and the BP4 price is $2.19/kg dressed. This is Pat Matthezing reporting from the Western Hog Exchange