“The hog market was under sharp pressure today and finished at a new low after opening at Tuesday’s low and quickly selling off as the U.S. dollar jumped to a new contract high this morning. Hog weights continue to rise, and cutout was up slightly but until we geta shift higher in the lean hog index and cash prices, the market will remain under pressure,” The Hightower Report said.
A Lee Enterprises, Incorporated newspaper. Majority shareholder: David Hoffmann, Hoffmann Media Group.
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