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Lean Hog, Corn Futures Rise; Soybean Oil Mixed

Published 2 days, 23 hours ago
Description

Lean hog and corn futures surged Friday, with April and June contracts gaining thirteen and thirty cents respectively. Lean hog open interest dipped, suggesting cautious positioning amid steady demand. Soybean oil futures showed a split picture, with nearby April contract down but summer months perking up. Overall sales hit nearly fourteen thousand, with open interest off two thousand three hundred ninety. These modest moves set a positive tone for ag markets, as participants eye weekend weather and export updates.

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