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Hog Futures Face Modest Weakness on Thursday

Source: Nasdaq

Commodity FuturesCommodities & Raw Materials

Lean hog futures declined by 7 to 60 cents across most contracts on Thursday, although the nearby October contract gained 7 cents. USDA's national base hog price fell $0.39 day over day to $86.86, while the CME Lean Hog Index dropped another $0.86, signaling continued near-term weakness in cash and futures hog pricing.

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mildly negative

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