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Market Impact: 0.18
Hogs Look to Midweek Trade Following Tuesday’s Rally
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsFutures & Options
Lean hog futures rose $0.32 to $1.20 across contracts on Tuesday, despite open interest declining by 3,564 contracts. USDA’s national base hog price fell $0.45 day over day to $79.90, while the CME Lean Hog Index declined another $0.60, signaling mixed futures and cash-market conditions.
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