Lean Hogs Little Higher

Lean hog futures are trading higher Monday morning. October Hogs are trading at 65.90, up 0.57. December Hogs are trading at 62.00, up 0.10. August Hogs are trading at 80.35, up 0.15. Cash is inline with futures. Trading is expected to remain very choppy with possible wide ranges.

Chatter about firm cash because of temporary plant closings is making the rounds. Market talk about higher supply over the next has led to some selling on rallies.