Hog futures are trading mixed into today's noon hour. Nearby contracts are lower with caution ahead of the afternoon's Quarterly Hogs and Pigs report, the deferred contracts are higher. It is also helpful to see midday pork cutout values are up mildly. Pork net sales of 40,300 mt for 2026 were up 43% from the previous week and 23% from the prior 4-week average. The three largest buyers were Mexico, China, and Japan.

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

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

For the week ending March 27, the Western Hog Exchange OlyWest 20 weekly price is $2.27/kg dressed, the OlyWest 21 weekly price is $2.35/kg dressed and the BP4 price is $2.22/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange.