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Lean Hog Futures Rise 0.3% in Early Trading

CME lean hog futures rose 0.3% in early trading after ending lower in three of the past four sessions. Futures International's Joe Davis said persistent weakness remains in hog fundamentals.

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CME lean hog futures have gained 0.3% in early trading, potentially ending a run of declines in three of the past four sessions. Joe Davis of Futures International wrote in a note that underlying weakness in hogs persists, with cash markets continuing to show weakness.