9/19/17 was down more than projected from the afternoon reports. It was down -$1.37 and the model projects that the component on yesterday's kill will drop between -0.90 and -1.20. That may be enough to send the VVVs premium to the component, unless of course, traders move the VVVs lower and that is exactly what the pre-opening is suggesting will happen.

Still short the VVVs and ZZZs and still talking hogs much better than I trade them.

Best wishes,

dhm