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Austin Schroder at Barchart.com said, “Lean hog futures saw weakness on Wednesday contracts falling $1 to $2.42 at the close. Open interest was down 2,300 contracts. USDA’s national base hog price was at $72.44 in the Wednesday PM report, down $3.30 from the day prior. The CME Lean Hog Index was down another 41 cents on October 5 at $79.22.”
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Austin Schroeder at Barchart.com said, “Lean hog futures closed the Friday session fading lower, as contracts were 17 to 97 cents lower, with …
“The hog market followed through on the gains seen late last week and closed moderately higher after COT data indicated the managed money net …
“Open interest fell over 7,400 contracts in October, but rose nearly 13,500 in the December contract,” the Hightower Report said. “Cash hogs w…
“The hog market started the week strong after Friday’s new contract low close in December and finally made a higher daily high for the first t…
In weighted average negotiated prices for barrows and gilts, the USDA reported:
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