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“This afternoon’s hog and pig report is expected to show inventory numbers for all hogs at 100.3% of last year, kept for breeding 99.5% and kept for marketing 100.3%,” the Hightower Report said. “Weekly export sales this morning came in strong-than-expected with a large sale to Mexico. The long-term trend remains higher.”
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“June hogs opened steady but dropped to a new three-month low today as the technical weakness extends after last week’s poor action,” The High…
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