The final Purchase Index for - - -

1/8/18 was up +0.59 and the model projects that the component on yesterday's kill will move up between +0.45 and +0.75. Packers continue to have a big appetite for hogs and it may it may be a bit of a weather market but we are in that season of the year when prices begin to rise.

There may not be quite as many hogs as suggested by the last H&P Report.

Took profits on one GGG pigs this morning. Still a little long.

Best wishes,