12/1/16 was up 0.90 to 49.99. The ZZZs are now trading premium to the component by a measly 1.06. Either the traders or the packers can close that in less than a day.

beThe six-day moving average carcass weight was steady today at 211.98#. That is 2.24# year /Year. Both packer and non-packer hogs were steady in weight but the index hogs moved up to 211.28#. Packer hogs continue to be heavier than non-packer hogs by +3.68#. Packers seem to be plenty anxious to buy hogs. I don't know why; perhaps it is export demand.

Just before the close I was able to replace two of the long M/N spreads that I sold off my boat just before Thanksgiving. Now to see if I can get these two off before Christmas. Scalping the ZZZs was all right today and I actually decided to carry an extra long one over the weekend.

Hope you all have a great weekend.

Doc