Lean Hogs are trading higher Monday. June Hogs are trading at 78.87, up, 0.75. August Lean Hogs are trading at 79.75, up 0.62. April hogs are trading at 63.00, up 0.45. Trading is firm and choppy. Wide trading ranges are expected.
Some chatter about a very wide premium June to cash is beginning to make the rounds. Some selling in July has been seen.
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