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Tuesday, August 4, 2020  
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DTN Early Word Livestock Comments      08/04 07:45
   Hog Market Struggles to Find Underlying Support

   Firm pressure is expected to continue in lean hog trade Tuesday morning
following early week pressure in nearby contracts. With August and October
futures now trading under the $50 per cwt price levels, additional concerns are
developing about increased liquidation. Cattle futures remain firm, but upside
potential appears limited.
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