Anticipated increases in slaughter due to herd liquidation continue to weigh on the hog market, with little relief seen into the autumn months. A stronger stock market and weaker dollar overnight failed to provide a lift to the hog market, which suggests how poor the market's prospects are. October hogs traded sharply lower yesterday, continuing their big break that began on Tuesday when the corn market topped out. Disappointment over the lack of any concrete move by the ECB contributed to the decline, but lower cash prices and ample supplies of hogs were like the main focus of traders. Cash hogs in the Midwest traded steady to $1 lower yesterday. Pork cutout values, released after the close yesterday, came in at $92.78, down $1.25 from Wednesday and down from $92.91 the previous week. The CME Lean Hog Index as of July 31 came in at 95.54, down 40 cents from the previous session but up from 95.92 the week before.The estimated hog slaughter came in at 405,000 head yesterday. This brings the total for the week so far to 1.620 million head, up from 1.597 million last week at this time and up from 1.568 million a year ago. Actual US pork production for the week ending July 21 came in at 394.7 million pounds, down from 396 the previous week and down 3.78% from a year ago.