Lean Hogs Fall 1.8% to Three-Year Low as Pork Prices Drop

Lean hog futures fell 1.8% on CME to 57.55 cents a pound, reversing the previous day's gains. Pork cutout values fell $3.14 per hundredweight to $69.29/cwt in the USDA's afternoon report; live cattle slipped 0.1% to $2.18 a pound.