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Market Impact: 0.2
Hogs Look to Midweek Trade
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsMarket Technicals & Flows
Lean hog futures closed $1.00 to $1.30 higher across most front-month contracts. Open interest declined by 437 contracts Tuesday, while the USDA national base hog price was reported at $78.74 and the CME Lean Hog Index fell another $0.55. The session indicates modest near-term price strength despite softer cash-index signals.
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