Lean Hog Futures Fall

April lean hogs are trading at 66.95, down 0.80 cents/lb. June lean hogs are trading at 76.60, down 0.75 cents/lb Lean hog futures have fallen just after the open. Trading is modestly active. Chatter about trade policy and consumer demand is making the rounds. Wednesday's USDA hog slaughter was 443,000 head versus 417,000 head a year ago. The total hog slaughter for the week is now 1,319,000 head versus 1,287,000 head a year ago. The U.S. Department of Agriculture's (USDA) monthly cold storage report is due out at 3:00 p.m. ET.