11/11/15 was down -0.93 to 58.44. That has closed the "Gap" to -2.17 with the ZZZs being discounted to the component.

The six-day moving average carcass moved up to 323.91# today. That is -1.74# yr/yr. Both packer and non-packer hogs were heavier.

Today has been a fairly good day with some scalps, some spreads being hurried to the bank but more because the spreads move favorably so the chances for some going into the profit column later this week are fairly high.

Best wishes,

dhm