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Analyst Ben DiCostanzo's technical commentary covers April lean hog futures, which fell back below 93.50 after a failed rally on Feb. 13.
The cash index and pork cutout were described as strong compared with last year, with slaughter running below year-ago levels.
Lower slaughter and firm cutout and cash values support near-term hog prices, though chart breakdowns point to possible further weakness toward 92.375.
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.