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“Cash hogs have been plummeting over the last two weeks and were down another $0.70 yesterday on the national base, with the index and cutout slipping lower again as well,” the Hightower Report said. “The cash market can’t find a bottom and until that occurs prices will remain under pressure.”
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In weighted average negotiated prices for barrows and gilts, the USDA reported:
In weighted average negotiated prices for barrows and gilts, the USDA reported:
Austin Schroeder at Barchart.com said, “Lean hog futures closed the Wednesday session with contracts down 62 cents to $1.42 lower across the b…
“December hogs started higher this morning, testing the highs of the last couple sessions, before giving back the gains and closing at a new c…
“Open interest rose over 3,100 contracts yesterday, mostly in the deferred months, where longer-term traders may be positioning,” the Hightowe…
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