6/8/15 was down -0.14 to 82.23. So the MMMs are trading discount to the component by 0.98. I decided to take a plunge and buy two MMMs to take to cash settlement. This will probably put another hole in my foot and it comes as most of the other holes were healed.

The six-day moving average carcass weight eased to 214.04#. That is -1.84# year/year. Producers may not be keeping quite as current in their shipment as they were.

Best wishes,

dhm