Hogs Rally on Friday Amid Cash and Cutout Strength
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Lean hog futures were rallying on Friday, with contracts up $1.77 to $2.35 at the close. July rose $2.17 this week. USDA’s national average base hog negotiated price was reported at $100.55 on Friday afternoon, down $1.30. The CME Lean Hog Index was up 82 cents on June 3, at…
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