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Hogs Slipping Back on Monday’s Midday

Source: Nasdaq

Commodity FuturesCommodities & Raw MaterialsInvestor Sentiment & Positioning

Lean hog futures traded 17–32 cents lower on Monday, while USDA’s national base hog price was $71.99, up $1.64 from the prior day. The CME Lean Hog Index fell $1.64 on October 15 to $74.19; the article also says managed money was adding, but the excerpt does not specify what positions.

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