MURICO.com Forum

The Final Purchase Index for - - -

5/14/15 is up +$0.14 and the model projects that the component on the 5/14/15 kill will be up between +0.55 and +0.85. It appears that packers may have satisfied retailers' holiday needs and their bids are beginning to soften which is what usually happens.

We now have 50% of the cash settlement index for the KKKs - 81.50. The model is now projecting that the cash settlement index for the KKKs will be 81.68 with a range of 81.61 to 81.76. Since the KKKs have already expired, we can't do anything about it but it is always nice to know where we stand.

I'm wondering, did anyone else go to cash settlement long the KKKs?

I can plainly see now that I should have gone to cash settlement with a boat load of K/M spreads and I would now be short a bunch of MMMs. As it is, I'm nearly flat the MMMs. In fact there is not much on my boat now. I might just have a relaxed weekend.

Best wishes,

dhm

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The Final Purchase Index for - - -
Re: The Final Purchase Index for - - -
Good Morning, Dewey. I have gravitated to the -