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Hogs Fall Back on Thursday, with USDA Reporting Tighter Hog Inventory

Source: Nasdaq

Commodity FuturesCommodities & Raw MaterialsFutures & Options

Lean hog futures declined by 30 cents to $1.17 across most contracts on Thursday. USDA's national base hog price fell 70 cents day over day to $78.95, while the CME Lean Hog Index dropped another 45 cents to $82.47 on September 22, signaling continued near-term weakness in hog pricing.

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