Meanwhile, lean hog futures rose on tight stocks ahead of the long July 4 holiday weekend, according to analysts. The choice boxed beef cutout was down $0.74 cent on Wednesday afternoon at $394.86 per cwt, while the select cutout rose $0.25 to $380.31 per cwt, according to the USDA. "After the holiday, pork is still going to be relatively tight," said Kalo. The holiday falling on a Friday and leading into a long weekend added to the volatility, added Kalo. Cash pork values fell on Wednesday, with the USDA quoting the Wednesday afternoon pork carcass cutout at $110.75 per cwt, down $1.55 from Tuesday.