MURICO.com Forum

The CME component on the kill for - - -

4/23/15 was UP +0.32 to 65.55. The MMMs premium over the component has now opened to 13.60. That seems wide to me but I don't get to decide. The K/M spread at -7.725 also seems to be wide but I don't get to decide that one either but I can buy it and test my wits against the rest of the world.

The six-day moving average carcass weight moved up to 214.54#. That is -2.99# below the same day last year and +6.14# over the same date in 2013. The amount of pork being produced is fairly high and today traders are thinking it may not be ample to meet demand by the time we get to the Memorial Day holiday.

Best wishes,

dhm