were bidding for hogs today. I thought they might ease a little looking at the way the JJJs sold off, but "NO!" the afternoon reports show that packers were throwing money at hogs again today.
There must be a bottomless pit someplace where packers are dumping all this pork. So far this week the kill is +7.73% higher than the same week last year. I just don't know where all this demand is coming from. Now I'm thinking I should not have taken profits on the three additional GGGs I added this morning.
Best wishes,
dhm