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Friday, December 02, 2005

Hogs Get Slaughtered

Hogs get slaughtered: It was a dark day for traders long Lean Hog futures this morning, as the excitement of new contract highs turned into horror, as massive commercial selling wiped out the week's gains. The morning started out well, with cash markets being called $0.50 to $1.00 higher, as dealers reported some packing plants needed additional hogs for slaughter on Saturday. Read More....