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Market Impact: 0.22
Hogs Fading Back on Wednesday
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsFutures & Options
Lean hog futures declined by 72 cents to $1.47 at midday, while the CME Lean Hog Index fell 89 cents to $89.65 as of September 4. USDA reported the national base hog price at $87.72 Wednesday morning; pork carcass cutout values were rising, but the futures market remained under pressure.
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