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Thursday, December 28, 2006

Hog Tied!

Hog tied! Lean Hog futures have been in a slump for nearly 2 months, falling just over $6 per hundred weight since contract highs were made back in November. Prices have since consolidated near the $62 level, just ahead of yesterday's release of the USDA's quarterly hogs and pigs report. The report for all hogs and pigs on December 1st was 101% of last year's totals. Read More....