Hog futures are trading higher at midday as the market is supported by both strong pork cutout values and cash prices. Traders are hopeful that Thursday's supply & demand report will show continued demand throughout the second half of the year, which should also give traders more confidence and ability to continue to trade the contracts higher. If the June contract remains positive for the day, it'll be the fourth consecutive higher session for hogs, and the fifth out of the past six.

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

The Canadian Dollar is trading higher against the US dollar at midday.

For the week ending June 13, the Western Hog Exchange OlyWest 20 weekly price is $2.42/kg dressed, the OlyWest 21 weekly price is $2.52/kg dressed, and the BP4 price is $2.33/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange