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Barchart
Austin Schroeder

BIZARRE: Hogs popping higher on monday | Mind Blowing Facts

USDA

Lean hog futures are up 40 cents to $1.35 at midday. USDA’s national base hog price was $80.47 in the Monday AM report, down $1.30 from the day prior. The CME Lean Hog Index was down another $1 on September 14 at $84.02.

Managed money added back 7,845 contracts to a new record net short position in lean hog futures and options in the week of 9/15, taking it to 31,401 contracts.

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