told me this morning, that the packers are telling them, they will continue to cut their bids awhile longer. They wouldn't say how much or how long, I always find it hard to trust what the packers tell you. Anyway, we decided to can half of our liquidation orders we had in place for today. The orders below 63.45. If we do get a quick bounce off this area(as my Hallucinations are suggesting) we will put some back on at the 65.00 area. A $2 bounce is normal back and forth movement for the hogs. However, I still believe 63.00 will prove to be support but a day or two of overkill in the 62.00 area is certainly possible.

I have been reminding all my hedgers that typically Dec hogs will have their low in place between Nov 7th-20th when they are in a down trend. After Thanksgiving the direction start to point UP with positive thoughts for the New Year.