5/16/18 was up +0.81 and the model projects that the component on yesterday's kill will jump between +0.50 and 0.80. With their higher bids packers purchased 88.5% of the moving average of total purchases and 91.0% of the moving average daily purchases of index hogs. The price of hogs is on the rise. The MMMs settled premium to the component by +9.31. Will the Index jump that much by 6/14/18?

That is the question!!

Best wishes,

dhm