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Market Impact: 0.18

Hogs Slipping Back Lower on Thursday

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsMarket Technicals & Flows

Lean hog futures are trading down 2 to 50 cents at midday on Thursday, while the USDA national base hog price slipped 18 cents to $97.32. The CME Lean Hog Index, however, rose 50 cents to $92.43 on June 16, indicating mixed near-term price signals for the hog market.

Analysis

Lean hog futures are trading down 2 to 50 cents at midday on Thursday, while the USDA national base hog price slipped 18 cents to $97.32. The CME Lean Hog Index, however, rose 50 cents to $92.43 on June 16, indicating mixed near-term price signals for the hog market.

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Market Sentiment

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mildly negative

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