5/11/15 was up +$0.55 and the model projects that the CME Lean Hog Index component on the 5-11-15 kill will be up between +0.75 and +1.05.

With the cutouts holding firm, the scheduled number being a bit below projections and the six-day moving average carcass weight declining, there is a good chance that the holiday demand will rule the day and packers will keep their bids firm for the few days remaining before the KKKs go to cash settlement.

Ka! Ching!! Another K/M spread just hit my profit target. Still have quite a few more to get off my boat in the next two days; otherwise I will be short a bunch of MMMs.

Best wishes,

dhm