Hog Futures Rise After Contract Lows; Weak Demand Persists
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12:39:46 AM UTC
SquawkNews
By Julie IngwersenLean hog futures on the Chicago Mercantile Exchange (CME) closed higher on Thursday on bargain-buying after the benchmark December contract set a life-of-contract low at the open, but plentiful hog supplies and slumping wholesale pork prices capped rallies.Seasonal pressure remain…