Lean Hogs Lower
Monday's USDA hog slaughter was 407,000 head versus a year ago at 394,000. Lean Hog Futures settled lower on Monday. April Hogs closed sharply lower at 66.75, down 2.52. June Hogs settled at 79.57, down 1.47.
Some buying of July hogs was seen as traders moved to a negative nearby tone in response to weaker cash markets. July Hogs settled at 80.20, down 0.80.
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