MURICO.com Forum

The final Purchase Index will be late - - -

due to, "Packer submission problems."

GGRRRRRRrrrrrrr!!!

From the afternoon reports yesterday, the model projected the component would continue its upward trend. Historically it should not be doing that. Cutouts held up quite well yesterday showing just a touch of weakness dipping by 0.57 to 103.84. That is +14.35 higher than one-year ago. Ribs rolled back which is in keeping with the passing of the holiday.

The kill this week continues to have quite a large number of packer hogs in the mix.

Best wishes,

dhm