4/14/17 was down -0.71 to 62.22. The model now projects the cash settlement index for the JJJs will be 61.97 with a range of 61.57 to 62.37. The model continues to be a handy trading tool.

The six-day moving average average carcass weight firmed to 213.72#. The holiday may have got packers behind a bit on the kill. Packer hogs are now +1.93# heavier than the non-packer hogs. Packers may have got behind more than the non-packers. Index hogs were also heavier.

Best wishes,

dhm