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Market Impact: 0.18
Hogs See Mixed Wednesday Action
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsFutures & OptionsMarket Technicals & Flows
Lean hog futures closed mixed Wednesday, ranging from a 40-cent decline to a 30-cent gain, while open interest increased by 1,115 contracts. USDA’s national base hog price fell $1.98 day over day to $82.60, signaling modest weakness in the cash hog market. The update is primarily relevant to livestock futures participants rather than broader markets.
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