3/4/16 was only down -0.18 and the model projects that the change in the component on Friday's kill will be in the range of unchanged to down -0.30. We can plan on a little weakness.

Packers purchased 106.3% of the moving average daily purchases of of hogs. For a weekend, that is not a particularly large purchase.

I bought a JJJ pig at 70.525 and will buy again if the sell-off becomes more severe.

Best wishes,

dhm