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Barchart
Barchart
Austin Schroeder

Hogs Firming on Monday

USDA Commitment of Traders

Lean hog futures are up 10 to 25 cents so far on Monday. USDA’s national base hog price was reported at $91.68 on Monday morning, down $1.35 from the day prior. The CME Lean Hog Index was down 19 cents on August 13 at $95.68.

Friday’s Commitment of Traders data showed managed money adding 5,479 contracts back to their net short position in lean hog futures and options during the week of August 11. That took their net short to 15,121 contracts.

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