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Hogs Rally into Wednesday’s Close

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Lean hog futures were in rally mode on Wednesday, with contracts up $1 to $1.45 at the close. USDA’s national base hog price was reported at $80.29 on Wednesday afternoon, up $10.29 from the day prior. The CME Lean Hog Index was down a dime on Jan 12 at $80.50. USDA’s pork carcass cutout value…

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