MURICO.com Forum

The CME Lean Hog Index component on the kill for -

0/20/17 is late due to -v"packer submission problems!"

Earlier today I posted the projected change from the morning reports of a gain between +0.95 and +1.25. Obviously "The Market" doesn't know about that or doesn't agree with it or thinks it is not relevant this far from cash settlement.

From the noon reports the Model is now projecting that the Purchase Index for today will be up about +$0.72 and the component on today's kill will be up between +0.75 and +1.05. It may not take many more daily gains like that to get "The market's" attention and cause the ZZZs to show a little firmness. It captured my attention today and I decided to probe the long side of the ZZZs and am prepared to buy again at 63.80 if it revisits that level again this afternoon.

Best wishes,

dhm.