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Market Impact: 0.2
Hogs Correct Back Lower on Wednesday
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsFutures & Options
Lean hog futures reversed Tuesday's gains, declining 35 cents to $1.17 on Wednesday. USDA's national base hog price rose $0.90 day over day to $87.25, but the CME Lean Hog Index fell $0.89, indicating mixed near-term cash-market signals and modest pressure on futures.
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