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Austin Schroeder at Barchart.com said, “Lean hog futures turned higher into Wednesday’s close, as contracts were up 12 to 55 cents. Open interest was up 1,292 contracts. USDA’s national base hog price was reported at $90.17 on Wednesday afternoon, down 41 cents from the day prior. The CME Lean Hog Index was down another 28 cents on March 30 at $90.48. Thursday will be the last trade day for the week as the markets are off for Good Friday.”
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“CME Lean Hog Index as of March 26 was 91.18, down 0.28 for the day and down 0.77 versus a week ago,” the Hightower Report said. “This is the …
In weighted average negotiated prices for barrows and gilts, the USDA reported:
“The cash hog index has been on the decline lately and was down again yesterday,” the Hightower Report said. “Managed money traders may be com…
Austin Schroeder at Barchart.com said, “Lean hog futures saw mixed action on Wednesday, with contracts mostly within a quarter of unchanged. O…
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