2/22/17 was down -$0.50 and the model projects that the component on yesterday's kill will change between up 0.10 and down 0.20. Clearly the up-trend is now broken.

Packers purchased 89.6% of the moving average daily purchases. That was an all right purchase.

The higher percentage of packer hogs in the kill mix may be indicating that packers are now liquidating their heavier hogs.

Best wishesl

dhm