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Barchart
Barchart
Austin Schroeder

Hogs Posting Monday Gains

Hogs ARE USDA Commitment of Traders

Lean hog futures are trading with Monday gains of 65 cents to $1. USDA’s national base hog price was not reported on Monday morning due to light volume. The CME Lean Hog Index was down 11 cents at $110.21 on July 31. 

Commitment of Traders data indicated a total of 2,821 contracts trimmed from the managed money net long as of July 29. That net long was taken to 107,586 contracts by Tuesday.

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