Today's kill at 460000 was a new record kill, yet packer margins improved with cash lower & cutout higher! Most of the bearish traders were probably expecting the cutout to turn lower from the noon quotes ( I know I was) but that did not happen instead gaining almost 100 pts. Traders have only 3 days to position for the pig report on Thursday afternoon, what will happen tomorrow, we will soon see!

I am getting a pretty good slug of Long GGG's and by Thursday I will be anxious, hoping to see a surprise to the friendly side!

DH, I hope you were able to get rid of some of your short VVV's at a better price than they closed at.

Dewey