Lean Hogs Little Changed

Lean hog futures are trading steady to a little higher after Thursday's steep decline. October Hogs are trading at 64.62, up 0.17. December Hogs are trading at 60.97, up 0.27. Trading is expected to remain very choppy with possible wide ranges.

Market chatter that cash bellies were sharply lower on Thursday is making the rounds. Chatter about ample hog supplies and lack of exports continues to bring in sellers on rallies.