February Lean Hog futures posted a strong technical session, closing above both the 50-day and 200-day moving averages for the first time since October. While the 100-day moving average at 85.40 remains overhead resistance, the rally signals growing momentum. Weekly export sales came in at 25,700 metric tons, slightly below expectations, though China continued its purchases. Average hog weights increased to 295.1 pounds, suggesting ample supply, but strong holiday demand helped the market look past the heavier weights.
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