Lean Hog Futures Trading Higher

October lean hogs are trading at 57.30, up 0.55 cents /lb. December lean hogs are trading at 50.90, up 0.35 cents/lb. February lean hogs are trading at 54.97, up 0.17 cents/lb. Lean hog futures are trading a little higher after Tuesday's plunge. Trading is very choppy and active. Market chatter about cash prices and consumer demand is making the rounds. The USDA recently estimated that European Union pork production and exports will be near record levels during 2017.
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