Hog futures are trading lower at midday as traders can't seem to give credence to the fundamental uptick in support. At this point it seems a little too late to add much value ahead of today's close to really help the contracts trade higher. The market is nearing support in the spot June contract, which hopefully the market won't pressure ahead of the week's close as that could signal continued downward pressure.

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

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.