Lean Hog Futures Plunge

April lean hogs are trading at 66.85, down 1.40 cents/lb. June lean hogs are trading at 76.57, down 1.20 cents/lb Lean hog futures have plunged just after the open. Chatter about trade policy and cash prices is making the rounds. Thursday's USDA hog slaughter was 441,000 head versus 429,000 head a year ago. The total hog slaughter for the week is now 1,767,000 head versus 1,707,000 head a year ago.