MURICO.com Forum

The CME component on the kill for - - -

was down -0.28 to 109.41. That put the CME cash settlement index for the VVVs at 109.54. Going to cash settlement turned out to be a Ho! Hum! event this time.

The six-day moving average carcass weight continued to climb to 213.81#. As has been the case for several days, it was the packer hogs that tacked on the most weight.

There seems to be a lot of spill-over from the weak cutouts yesterday.

I liked the short side and had added a few short Z/G spreads and bought a Dec 92/90 put spread but would have been better off without the long GGGs.

Best wishes,

dhm