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Hogs Posting Tuesday Weakness
Source: Nasdaq
Commodities & Raw MaterialsEnergy Markets & Prices
Lean hog futures fell 42 cents in Tuesday’s session to $1.25. Despite the futures drop, USDA’s national base hog price rose to $91.02 (up $1.62 vs. the prior day), while the CME Lean Hog Index declined another 40 cents to $92.86 on Aug. 21—signaling mixed near-term momentum for hog and pork pricing.
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