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Market Impact: 0.35
Hogs Posting Tuesday Weakness
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsEconomic Data
Lean hog futures were down 30–80 cents at midday, with USDA’s national base hog price at $90.61 on Tuesday morning. The CME Lean Hog Index fell another 40 cents to $92.86 on Aug. 21, while USDA Cold Storage data showed pork stocks at 439.43 million (released Monday), adding supply pressure signals.
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