April hogs pushed moderately lower on the session into the mid-day with talk of the short-term overbought condition of the market and the wide premium of April to the cash triggering more long liquidation selling. The break occurred despite the cash market which traded steady to $1.00 higher today and was reported to be up sharply yesterday. News that pork cut-out values were lower, not higher late yesterday helped to add to the negative tone. With sharply higher cash trade this week and weaker pork cut-out late yesterday, packer margins are less profitable and traders might see this as a negative factor for packer demand. Cold weather could limit marketings over the near-term and traders are also concerned that some hogs might back-up in the country.