June hogs closed 80 higher on the session Friday and up 157 points for the week. Outside market forces are seen as negative early this week, as many traders feel that exports will need to substantially increase for prices to see much follow-through to the upside. Strong gains in pork cut-out values late Thursday helped to support the market. Cash markets traded close to unchanged levels but gains in pork values late Thursday to their highest levels since March were seen as a positive factor for the market and may have pushed packer margins into the black after a long period of losses. Positive packer margins, firmer exports and a strong seasonal for pork over the next few weeks are factors which could help support the market as well, if the negative impact from outside market forces begins to subside. Pork cutout values released after the close Friday came in at $80.55, up 43 cents from Thursday and up from $78.86 the previous week to climb to the highest level since March 20th. Pork exports for the month of March reached 486.6 million pounds, which was up significantly from February but down 0.8% from last year. However, this was the fifth highest monthly total on record. March exports represented 24.5% of total pork production for the month. The CME Lean Hog Index as of May 9th came in at 79.56, down 18 cents from the previous session and down from 81.70 the week before. The estimated hog slaughter came in at 413,000 head Friday and 17,000 head for Saturday. This brought the total for last week to 2.089 million head, up from 2.069 million head the previous week and up from 1.981 million head a year ago.