clearer than yours relative to the ZZZs but the data seems to be saying that there will continue to be a tight hog supply for the next couple of weeks so my guess is that the Index will hold firm and this will support the VVVs until we get to cash settlement.

So-

I'm sticking with a couple of long VVVs and will try to scalp in an out of them a little.

The Hog Pricing Model seems to be at its best when we get to the last ten-days before cash settlement.

Best wishes,

dhm