shows that packers have 16.18% more hogs scheduled than they had on this date last year. That's a lot more hogs than the +3.5% implied in the last H&P report. I'm suspecting a part of this increase is hogs being pulled forward as producer watch the price of hogs fall and become more motivated sellers.

I'm wondering if a portion of this high kill rate represents some gilts being pulled out of the breeding pens?

From the noon reports the model projects that the component on today's kill will be down again.

Best wishes,

dhm