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Market Impact: 0.28
Hogs Falling on Monday
Source: Nasdaq
Commodity FuturesFutures & OptionsCommodities & Raw MaterialsInvestor Sentiment & Positioning
Front-month lean hog futures fell $2.00-$2.50 on Monday, while the CME Lean Hog Index declined another $0.28 to $87.94 as of September 9. USDA's national base hog price was $83.83, and managed-money positioning was being reduced, signaling weaker near-term sentiment in hog futures.
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Overall Sentiment
mildly negative
Sentiment Score
-0.38
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