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Market Impact: 0.22
Hog Weakness Continues, as Traders Look to Wednesday
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsFutures & Options
Lean hog futures declined by 60 cents to $1.70 on Tuesday, while open interest increased by 5,392 contracts, indicating continued market participation amid the selloff. USDA's national base hog price rose $1.76 day over day to $84.58, but the CME Lean Hog Index fell another 73 cents, pointing to mixed cash-market signals.
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