Transcript
Hog futures are trading mixed into today's noon hour as the market would like to trade higher and keep with the trend of last week. But before doing so, traders are hoping to see continued fundamental demand, especially as they begin to pressure resistance thresholds.
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 Dec 12, the Western Hog Exchange OlyWest 20 weekly price is $2.06/kg dressed, the OlyWest 21 weekly price is $2.21/kg dressed and the BP4 price is $2.03/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.