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CME Hogs Slide On Cash, Softer Corn, No Buyers

by 5m Editor
9 October 2007, at 9:36am

EU - CME hogs are lower on further cash hog price weakness, eroding CBOT corn prices and lack of buyer interest. Oct hogs are down 42 points at 57.80 cents a pound, and Dec is 55 points lower at 59.75 cents.

Pork bellies are mixed on spot-month chart pressure and back month technical support. Feb bellies are 52 points lower at 86.90 cents a pound, and March is up 65 points at 87.50 cents.

Source: FXSTREET.com

5m Editor