Transcript
Hog futures are trading mixed into Tuesday's noon hour as the external support of strong equity markets and the lower prices of oil are helping improve the mood of the complex; but traders still want to see better fundamental demand. July and August lean hogs are down while October lean hogs are up.
Cash hog prices on the National morning report are unreported, the morning cutout value is lower.
The Canadian Dollar is trading lower against the US dollar at midday.
For the week ending June 19, the Western Hog Exchange OlyWest 20 weekly price is $2.31/kg dressed, the OlyWest 21 weekly price is $2.37kg dressed and the BP4 price is $2.29/kg dressed. This is Pat Matthezing reporting from the Western Hog Exchange.