Transcript
Hog futures -The lean hog complex has thankfully found some technical support which is helping it trade higher into Friday's noon hour. Luckily the market has been able to chop merely sideways in recent trading days; which leads one to believe some sort of a technical bottom is forming for this current move.
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 12, the Western Hog Exchange OlyWest 20 weekly price is $2.31/kg dressed, the OlyWest 21 weekly price is $2.39kg dressed and the BP4 price is $2.26/kg dressed. This is Pat Matthezing reporting from the Western Hog Exchange.