Transcript
Hog futures are currently trading mixed, mostly lower, as the market doesn't have enough support to really push prices higher ahead of the day's close, so a mixed tone is what traders feel safest with. It's likely that the complex will close with this lackadaisical tone and hope that next week's market shows more support so it can trade higher from there.
Cash hog prices on the National morning report are unreported, the morning cutout value is higher.
The Canadian Dollar is trading lower against the US dollar at midday.
For the week ending Oct 24, the Western Hog Exchange OlyWest 20 weekly price is $2.43/kg dressed, the OlyWest 21 weekly price is $2.49/kg dressed and the BP4 price is $2.39/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.