packers were able to make a solid purchase of hogs with somewhat lower prices. If that is the way it actually turns out, the component on today's kill is going to take another hit when the data comes out tomorrow. I sold a QQQ pig near the opening high and have now covered it for a little profit.

If you hear of anyone wanting to buy some M/N spreads, I have some on my boat I will let go for 1.225. On the other hand I have a little room on my boat and am willing to take some more on at 0.475.

Best wishes,

dhm