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Hogs Facing Weakness on Friday

Source: Nasdaq

Commodity FuturesCommodities & Raw Materials

Lean hog futures declined by 50 cents to $1, while the CME Lean Hog Index fell another 79 cents to $85.02 on September 14. USDA's national base hog price was $81.77 in Friday morning reporting, and the pork carcass cutout value declined by 86 cents, indicating continued near-term pressure on hog and pork pricing.

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