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CME lean hog futures were mixed, with most contracts setting fresh contract lows for a second session. December lean hogs settled down 3.425 cents at 58.600 cents per pound.
Weak demand and a sluggish cash market point to continued pressure on hog prices and reduced producer margins.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.