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The CME Lean Hog Index component on the kill for -

7/5/18 was up +0.14 to 82.18. The NNNs are trading discount to the component by -0.08 so the "Gap" is essentially closed.

The six-day moving average carcass weight was steady at 207.68# this morning. That is a mere +0.14 yr/yr. Packer hogs are now -0.07# lighter than the non-packer hogs. Packers have done an amazing job at getting current in their shipments.

Best wishes,

dhm

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The CME Lean Hog Index component on the kill for -
Re: The CME Lean Hog Index component on the kill f
Re: Well Dewey, it looks like-----