MURICO.com Forum

The final Purchase Index for - - -

11/27/17 was up +0.09 and the model projects that the component on yesterday's kill will ease between -0.05 and -0.35. Packers still have an inventory of cheaper hogs purchased that will probably keep the component a little soft today.

Yesterday the component on Friday's kill was weaker than the model projected. It was down -0.70 to 62.82. The ZZZs are now trading PREMIUM to the component by 1.79. Traders have shifted from bears to bulls after T-Day.

I'm still short some covered calls and trying to buy the Z/G spread at -6.15. I may not get much done today.

Best wishes,

dhm

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The final Purchase Index for - - -
Re: The final Purchase Index for - - -
Good afternoon, Greg. I was long - - -