Hog futures are trading higher in the market's deferred contracts, but the nearby contracts are in a minor regression. It is helpful that midday pork cutout values are up over $2.00 higher, showing strong continued consumer support.

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

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

For the week ending Jan 30, the Western Hog Exchange OlyWest 20 weekly price is $2.08/kg dressed, the OlyWest 21 weekly price is $2.20/kg dressed and the BP4 price is $2.02/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.