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The Hightower Report said “February hogs turned sharply weaker today after a stronger opening this morning and a strong close on Friday. Perhaps the CFTC data showing a new all-time high in fund longs is beginning to worry the trade. February futures closed below the 50-day moving average for the first time since August 22 and today’s weakness may trigger more aggressive liquidation by the funds with the November low on the February contract at 82.10 next support.”