6/11/15 will be late due to packer submission problems. From the afternoon reports yesterday, the model is projecting the CME Lean Hog Index component on the 6-11-15 kill will be unchanged to down 0.30.

The component on the 6-10-15 kill dropped -0.36 to 81.73. With the MMMs trading at 81.375, they are slightly discounted to the component. Just for kicks, I bought an MMM futures this morning at 81.20. A 'fella has to trade something or else he isn't a trader!

Best wishes,

dhm