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Lean hog futures traded mixed on September 30, with the national base hog price at $76.42 and the CME Lean Hog Index at $84.03 for September 26. China reported its August 31 sow inventory at 40.4 million head, down 4.8% from a year earlier.
Routine futures commentary with China's lower sow herd as a modest supportive factor for pork demand; no decisive new driver for hog or feed prices.
ibestmedia.comSep 30, 2024Not 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.
