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The Hightower Report said, “The market drifted back lower yesterday and gave up Monday’s gains. Cutout weakened sharply and the index and national cash was lower again, keeping fundamental pressure at the forefront. The U.S. dollar spiked to a new contract high today, which is an additional headwind for the opening. August U.S. pork exports were down 6% year over year and China’s September meat imports fell 6.5% from August.”
