Hog futures are trading mixed into Friday's noon hour as the nearby contracts dip lower while the deferred contracts continue to trade higher. More than anything, traders seem reluctant to do much with the contract until its fundamentals improve.

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

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 Pat Matthezing reporting from the Western Hog Exchange.