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Lean hog futures posted triple-digit gains on a Friday and February hogs rose $2.95 from the prior week. A trader said strong exports are lifting cutout prices.
Higher cutout values from export strength support hog futures and encourage producers to keep feeding, supporting feed demand.
agupdate.comJan 3, 2017Not 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.
