was down -030 to 47.30. The ZZZs settled premium to the component by +2.00. Seems unusual to be to be talking about a premium after the long long bout we had with a steep discount.
The six-day movng average carcss weight dropped nearly 1/2# to 211.02#. That is -2.60# yr/yr. Packer hogs are +3.33# heavier. Either the high kill rate means producers are pulling hogs foward or else they have more hogs than suggested by the by the last H&P Report. With so much press about a glut of hogs, I'm starting to suspect that producers have become worried and have pulled hogs forward.
Best wshes,
dhm