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Market Impact: 0.2
Hogs Face Weakness on Wednesday
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsFutures & Options
Lean hog futures mostly declined into Wednesday’s close, with contracts down 15 to 67 cents, although the October contract gained 60 points. USDA’s national base hog price fell $0.25 day over day to $79.65, while the CME Lean Hog Index declined another $0.50, signaling continued near-term softness in cash and benchmark hog pricing.
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