2/14/17 was up +$0.88 and the model projects that the component on yesterday's kill will be up between +0.40 and +0.70. The JJJs have moved up enough this morning to close the "Gap" to -3.30 with the JJJs being discounted to the component.

Packers only purchased 77.5% of the moving average purchases yesterday with their higher bids.

Best wishes,

dhm