11/15/16 was up 0.23 and the model projects that the component on yesterday's kill will change in the range of -0.10 t0 +0.20. The ZZZs settled discount to the component by -2.44. A "Gap" that small can close in a hurry.

Packers purchased 81.5% of the moving average daily purchases. That is in the "Normal" range of what they purchase.

Thanks for your post yesterday, Dewey. It appears that others are seeing the possibility of a little weakness in the hog market. There is some risk that we are going down the road of "?Group Think" but the numbers of hogs coming to market is really above expectattions and someone has to buy all that pork.

I'm still short the ZZZs and GGGs. I took profits on some yesterday and have been able to put them back on today.

Best wishes,

dhm