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“June hogs continued to grind higher early in today’s session, pushing the current rally to 10 days, but the market closed slightly lower,” The Hightower Report said. “June prices have made higher lows each day since the reversal low on April 9. Toned-down rhetoric toward China this week is raising expectations that trade talks could start soon, which would be very important for the hog market as China is a significant U.S. pork buyer.”