Hog futures are trading lower at midday as the slight downturn of exports seems to be negatively weighing on traders’ minds. Pork net sales of 24,300 mt for 2025 were down 11% from the previous week and 17% from the prior 4-week average. The three largest buyers were China, Mexico, and Japan.
 
Cash hog prices on the National morning report are higher, the morning cutout value is also higher.

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

For the week ending July 11, the Western Hog Exchange OlyWest 20 weekly price is $2.66/kg dressed, the OlyWest 21 weekly price is $2.67/kg dressed, and the BP4 price is $2.60/kg dressed. This is Kerrie Simpson reporting from the Western Hog Exchange