USDA Daily Hog Slaughter; Lean Hog Futures Lower

Thursday's USDA hog slaughter was 426,000 head versus a year ago at 436,000 head. February lean hogs are trading at 54.20, down 0.97 cents/lb. April lean hogs are trading at 60.52, down 0.97 cents/lb. Hog futures traded lower for most of the session, some late day buying lifted prices off the session lows.