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Market Impact: 0.18
Hogs Holding Steady at Midday
Source: Nasdaq
Commodities & Raw MaterialsCommodity FuturesEnergy Markets & Prices
Lean hog futures are largely flat, with nearby contracts ranging from about a nickel higher to a tick lower. USDA’s national base hog price was reported at $89.65, while the CME Lean Hog Index fell another $0.28 to $92.14 on Aug. 26—suggesting mild downward pressure in the underlying cash/benchmark pricing but limited immediate impact.
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