Transcript
Hog futures are trading higher into today's noon hour despite technical pressure still being a barrier and pork demand still pulling the cutout value lower. The real test will come this afternoon, and whether traders can keep the contracts higher through the day's close with minimal fundamental support. Pork net sales of 27,700 mt for 2026 were primarily for Mexico, Japan, and South Korea.
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 Jan 9, the Western Hog Exchange OlyWest 20 weekly price is $2.03/kg dressed, the OlyWest 21 weekly price is $2.18/kg dressed and the BP4 price is $2.01/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.