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Lean hog futures traded mixed on Thursday, with the December contract down 75 cents while other contracts rose 50 to 65 cents. USDA's national base hog price was reported at $42.34 and the pork carcass cutout fell 28 cents to $69.06.
Routine price commentary with no new supply or demand shock; weekly slaughter was slightly below the prior week, which gives mild support to hog prices and feed demand.
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.