Hog futures are making a late-week rally as the nearby contracts are successfully trading upward of $1.00 higher into today's noon hour. Some of the market's support is stemming from the strong fundamental showing late in the week, but more than that, it seems that traders have regained their confidence, as fundamental support throughout the week has been spotty.

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 Aug 22, the Western Hog Exchange OlyWest 20 weekly price is $2.71/kg dressed, the OlyWest 21 weekly price is $2.77/kg dressed and the BP4 price is $2.62/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.