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Market Impact: 0.18
Hogs Bouncing into the Weekend
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsFutures & Options
Front-month lean hog futures were mixed on Friday, ranging from a 32-cent decline to a $1.25 gain. USDA's national base hog price was $77.25, while the CME Lean Hog Index fell $0.24 to $80.71 on September 30. The update indicates modest near-term volatility in hog pricing rather than a decisive market trend.
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