Lean Hogs Sharply Lower

Lean Hog Futures are trading sharply lower early Monday. The looming strike on the West Coast has provided significant selling pressure to February and April Hogs. Chatter is that the cash news is lousy and the meat is going to be backed up for some time. April Lean Hogs are down 2.07, last trade at 67.20. June hogs are down 1.50 at 79.55. Some buying of July hogs is seen. Trading is very choppy and weak.