USDA is not posting the morning reports.

From the afternoon reports the model is projecting that the component on yesterday's kill will be up about like yesterday. This seems to point to an up-trend now being underway for the index. The "Gap" is quite wide with the MMMs being premium to the component by 9.77. That's a lot of ground for the index to have to make up.

Some years the Index tacks on more than that.

Best wishes,

dhm