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On Friday, lean hog futures increased by 17 cents for the December contract, closing at $80.600, while other nearby contracts fell between 35 to 45 cents. The USDA reported the national base hog price at $72.09, down $1.48 from Thursday. The CME Lean Hog Index declined by 54 cents to $82.27 on November 25.
Export sales for the week of October 16 reached 28,038 metric tons, marking a 5-week low, while shipments hit a 17-week high of 30,329 metric tons. The USDA estimated the weekly federally inspected hog slaughter at 2.163 million head, down 121,423 head from the same week last year.
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