Transcript
Hog futures are chopping sideways at midday, lower from April through August, as traders don't possess enough support to rally the complex, but thankfully, no more immediate downward pressure has been felt.
Cash hog prices on the National morning report are higher, the morning cutout value is lower.
The Canadian Dollar is trading lower against the US dollar at midday.
For the week ending March 20, the Western Hog Exchange OlyWest 20 weekly price is $2.24/kg dressed, the OlyWest 21 weekly price is $2.33/kg dressed and the BP4 price is $2.19/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.