Lean hog futures closed lower in the nearby and summer contracts on spillover pressure from losses in the cattle complex.
May hogs fell 0.12 cent to $1.0290 a pound. June, the most active contract, was off 0.62 cent, or 0.6%, at $1.0140.
Some traders took profits following recent gains and when Wednesday's early gains stalled near last week's highs, a broker said.
Early in the session, the weaker dollar helped push up lean hog futures, said Don Roose, analyst with U.S. Commodities. Later, however, traders began selling since the premiums in futures to cash had become wide, and there were some concerns about whether pork demand could hold up at the high prices represented by summer futures.
The distant contracts managed to close near flat on the weaker dollar and hopes for export sales to remain strong throughout the year.
The U.S. Department of Agriculture's pork carcass composite value Tuesday slipped $0.15 per hundred pounds to $96.31. Weaker pork prices the past two days also contributed to weakness in the nearby hog contracts, brokers said.
Cash hog prices Wednesday were expected to be flat to weaker in some locations as most of the processing plants have accumulated enough hogs for this week. In addition, some plants will be closed Friday or Monday for the Good Friday and Easter holidays. Projections for Saturday's slaughter are mostly around 60,000 head.
The terminal markets traded mostly flat with top from $63 to $64 on a live basis.