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Austin Schroeder at Barchart.com said, “Lean hog futures saw mixed trade on Friday, with contracts 7 cents higher to 42 cents lower. February was up 12 cents last week. Open interest rose 3,972 contracts on Friday. USDA’s national base hog price was reported at $85.39 on Friday afternoon, down $1.19 from the day prior. The CME Lean Hog Index was 32 cents higher on Feb 4 at $86.38.”
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In weighted average negotiated prices for barrows and gilts, the USDA reported:
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