MURICO.com Forum

The final Purchase Index for12-30-16 will - - -

be late due to some workers along the information pipeline having trouble getting going this morning. Most likely the hog market will open with or without a final Purchase Index; not only that but the index is not as relevant this far in front of cash settlement as it would be during the last week.

My bias is the demand may be strong enough to close the 7.67 "Gap" that the GGGs are carrying to the index so I rode a long GGG pig over the holiday weekend. Looking at the pre-opening, perhaps it was a good idea,

Best wishes,

dhm