Hog futures are trading higher as traders are willing to advance the contracts mildly following the setback earlier this week. Unfortunately, the market won't likely see much more of a price advancement later this afternoon as the contracts are nearing resistance and as midday pork cutout values are lower.

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

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

For the week ending June 19, the Western Hog Exchange OlyWest 20 weekly price is $2.31/kg dressed, the OlyWest 21 weekly price is $2.37kg dressed and the BP4 price is $2.29/kg dressed. This is Pat Matthezing reporting from the Western Hog Exchange.