definitely was not bearish and your thoughts that the Aug deficit to cash had already dialed in the hard break caught my attention to help balance out my confusion. However, I have to believe that report was very bearish down the road 9-12 months. Two years of record production that keeps breaking records each year. The producer is not going to cut back on his own accord. Record production is always rewarded with a trip back to the bottom. We can enjoy this bull market while it lasts but sooner or later the Southbound has another $40 run to go after.

My $10 rally hallucination for Aug hogs may become reality after all. Just started from a higher level than I thought it would. I don't know if cash can hold the $90 area for another month.