10-7-15 was down -$0.24 and the model projects that the CME Lean Hog Index component on the 10-7-15 kill will be in the range of -0.10 to +0.20. That is not much change.

With the VVVs being discounted to the component, my strategy is to continue to be mildly long. I think the Index may push the VVVs up a little in the next four days.

Best wishes,

dhm

PS: I had some distractions this morning and that put me behind on posting.