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Market Impact: 0.25
Hog Selling Continues at Cash and Cutout Remain Weak
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsMarket Technicals & Flows
Lean hog futures fell $1.92 to $2.65 on Tuesday as open interest rose by 6,721 contracts, indicating increased new short positioning. USDA’s national base hog price was $57.94, down $1.52 from the prior day.
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Overall Sentiment
mildly negative
Sentiment Score
-0.35
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