 Hog futures continue to play the guessing game, though. Packers were not expected to be aggressive this week, but lo and behold, they wanted hogs on Tuesday. National Direct Afternoon Report showed cash up $2.91, moving the weighted average to $91.65. However, cutouts struggled with values down $1.09. Futures remain in a sideways trading range with August closing near the top end of the range. Later contracts closed near the bottom of the range. Spread trading was evident with August receiving the benefit of the activity.