MURICO.com Forum

The CME component on the kill for - - -

10/13/14 eased by 0.02 to 109.69. That puts the ZZZs discounted by to the component by 15.14 and that is a mighty big discount. It is altogether possible that the emotions of the market will cause the ZZZs to move toward 100.

The six-day moving average carcass weight eased a little to 213.72# and it was packer hogs dropping after their big gain on the Friday's kill. My sense is that the number of available market-ready hogs is increasing. This is surely the time of the year when we can expect that to begin to happen and it may again this year unless the PED virus worked havoc in producers' barns.

Best wishes,

dhm