Lean Hogs Future Higher

Lean Hogs futures traded sharply higher Friday. June Hogs were trading at 78.05, up 1.25. July Hogs were trading at 79.25, up 1.12. April Hogs were trading at 62.50, up 0.50. Market talk about possible better demand ahead kept buyers active. Cash hogs have not moved much. Friday's USDA hog slaughter was 407,000 head versus a year ago at 366,000 head. Saturday's Slaughter is estimated to be 208,000 versus a year ago at 22,000 head.