Lean Hogs Lower

Lean Hogs are trading on lower Wednesday. June Hogs are trading at 77.65, down 0.82. August Lean Hogs are trading at 78.62, down 0.67. October Lean hogs are trading at 71.27, down 0.37. Some chatter about sellers seen in June and July is making the rounds. Market talk about range-bound trading and worse than expected exports is making the rounds. Market chatter about concerns that higher than expected unleaded gas prices coming for the public at a time when demand is needed to reduce overall supply of meat has led to some selling.