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Austin Schroeder at Barchart.com said, “Lean hog futures closed the Wednesday session with contracts down 55 cents to $1.65, with nearby February up a nickel. Open interest hinted at long liquidation, down 2,261 contracts. USDA’s national base hog price was reported at $88.17 on Wednesday afternoon, up 43 cents from the day prior. The CME Lean Hog Index was 14 cents lower on Feb 6 at $86.32.”





