 Hog futures marked good gains last week on short covering and firming cash markets. August hogs marked the best weekly close since early June, while December hogs found support under $62 and then gained $5 for the week. The market had been deeply oversold while the cash hog and pork markets moved higher during the week. The pork cutout value traded over $100, while the cash hog index gained $62 for the week to mark the first higher weekly close since early June.