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Austin Schroeder at Barchart.com said, “Lean hog futures closed Thursday up 30 to 70 cents across the front months. Preliminary open interest rose 4,405 contracts. USDA’s national base hog price was reported at $108.19 on Thursday afternoon, down 61 cents from the day prior. The CME Lean Hog Index was down 23 cents on August 26 at $106.63.” The Hightower Report said, “Technical are in a positive mode following this week’s breakout and open interest has been rising this week, up another 4,400 contracts yesterday, a bullish sign. The bull camp has the momentum.”





