Lean Hogs Move Up

Lean Hogs have erased early losses and moved a little higher on the day. April Hogs are trading at 65.97 up 0.40. June Hogs are trading at 80.30 down 0.25 Trading is expected to be choppy. Market talk that April Hogs are at value and a trading range is likely is going around. Some chatter is making the rounds about buying coming into April and selling coming into to June as spreads.