Lean Hog Futures Trading Higher

February lean hogs are trading at 66.32, up 1.10 cents/lb. April lean hogs are trading at 68.85, up 1.22 cents/lb. June lean hogs are trading at 77.77, up 1.00 cents/lb Lean hog futures are trading higher just after the open. Market chatter about yesterday's USDA cold storage release is making the rounds. Talk about cash prices and weather is making the rounds. Tuesday's USDA hog slaughter was 428,000 head, the total slaughter for the week is now 868,000 head. Trading is expected to be choppy.
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