Hog futures are trading higher as traders look to push the contracts higher but will likely need to see more fundamental support before they'll challenge the resistance at $86.00 in the spot February contract. Another back-and-forth week of trade is expected for this week. Pork demand will likely improve throughout the week as retailers restock their coolers after the holiday season.

Cash hog prices on the National morning report are unreported, the morning cutout value is lower.

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

For the week ending Jan 2, the Western Hog Exchange OlyWest 20 weekly price is $2.05/kg dressed, the OlyWest 21 weekly price is $2.22/kg dressed and the BP4 price is $2.05/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.