Lean Hogs little higher June

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Hogs are trading at 75.70, up 0.20. Last in April is 61.75 up 0.45. Trading is expected to be very choppy and range-bound . Chatter continues about the USDA hog report. Talk about today's Grain report due at 12:00 PM ET is making the rounds also. Chatter about more poultry export issues and supplies of other protein has led to some selling. Some chatter that news might be getting better but cash has not reflected it yet. Market talk that April has value 61.00 to 60.00 continues.
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