Lean Hogs Higher

July Lean Hogs are trading at 83.82, up 0.50. August Hogs are trading at 83.47, up 0.32. October hogs are trading at 73.90, up 22. Trading is expected to be very choppy.

Chatter about possible demand improvements is waning a little bit. Some market chatter about the exceptionally weak Japanese yen is making the rounds and market talk about still too much meat in the freezers has led to a little selling on rallies.