CME: Hog Futures Rallied on Friday

US - Hog futures rallied yesterday despite ongoing weakness in cash markets. The IA/MN lean hog carcass price (base price before discounts and premiums) was quoted last night at $57.66/cwt, down 75 cents compared to the previous day and down 24 per cent since the start of the year, write Steve Meyer and Len Steiner.
calendar icon 16 February 2015
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