Lean Hogs Move Down

June Hogs are trading at 76.17, down 0.10. April Hogs were at 62.65, down 0.25. Trading is expected to be choppy. Cash news has not changed.

Chatter that the cash index is stuck at 60.00 and not moving is making the rounds and has led to some selling. Market talk that better news ahead not been seen. Some weight declines has been supportive but the kills are still large.

Thursday's trading session is expected to be choppy, with pre-holiday trading occurring. Livestock futures markets are closed on Friday for an exchange holiday.