Hog futures are trading higher at midday but off their early highs. Hogs have traded higher in the last four sessions. That's despite a steep drop-off in pork export sales reported by the USDA in this week's export sales report. But exports shipped for the week totaled 33,800 tons, which is up 25% from the previous average, also an important fact in the report. Pork net sales of 9,700 mt for 2025 were down 73% from the previous week and 70% from the prior 4-week average. The three largest buyers were Japan, Canada, and Colombia.

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