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Market Impact: 0.22
Hogs Look to Tuesday Trade
Source: Nasdaq
Commodities & Raw MaterialsFutures & OptionsEconomic DataMarket Technicals & Flows
Lean hog futures closed weaker on Monday, with contracts steady to 37 cents lower (October up 25 cents). USDA’s national base hog price was $89.40, down $4.87 from the prior day, signaling near-term price pressure. Open interest rose by 3,075 contracts, indicating increased positioning as the curve mixed.
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mildly negative
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