11/9/15 was down -1.41 to 60.29. The USDA posted the 201 report late and I didn't get it posted yesterday. From the afternoon reports it appears that the Purchase Index is going to be sharply lower again today and the cutouts took another hair-cut yesterday.

Pre-opening is looking strong.

I don't get it.

That doesn't seem to be in harmony with the data.

Best wishes,

dhm