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Austin Schroeder at Barchart.com said, “Lean hog futures saw weakness on Wednesday, with contracts 7 to 65 cents lower across the board. Open interest was down 942 contracts. USDA’s national base hog price was tallied at $77.72 in the Wednesday PM report, down $1.02 from the day prior. The CME Lean Hog Index was down another 27 cents on September 28 at $80.94.”
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In weighted average negotiated prices for barrows and gilts, the USDA reported:
Austin Schroeder at Barchart.com said, “Lean hog futures closed the Friday session fading lower, as contracts were 17 to 97 cents lower, with …
“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…
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