MURICO.com Forum

The final Purchase Index for - - -

3/24/17 was down $0.42 and the model projects that the component on the 3/24/17 kill will drop between -0.25 and -0.55. With their lower bids, packers were able to purchase 128.7% of the moving average daily purchases. Large but not unusually large for weekend.

The JJJs setttled discount to the component by -3.33. The model projects that the component will need to drop an average of slightly more than -0.22 to close the "Gap". It looks like we will get more than that today and Friday it dropped nearly 0.60.

Gotta go