8/30/16 was down -0.14 to 65.97. That puts the "Gap" at -4.12 with the VVVs at a discount to the component.

The 6-day moving average carcass weight was a little weak at 207.55#. That is -1.36# year/year. Index hogs were lower at 206.80#. Packer hogs were a little heavier and non-packer hogs were down a little. Packer hogs are now +0,36# over non-packer hogs.

I'm still mildly short the VVVs.

BEst wishes,

dhm