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Market Impact: 0.2
Hogs Look to Tuesday Following Monday Bounce
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsFutures & Options
Lean hog futures closed 22 cents to $1.05 higher on Monday, while open interest fell by 1,827 contracts. USDA’s national base hog price was $71.02, down $3.24 from the prior day, and the CME Lean Hog Index fell another 80 cents. Futures gains contrasted with weaker cash-price indicators.
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