MURICO.com Forum

The CME Lean Hog Index component on the kill for -

7/20/18 was down -0.83 to 76.53. The QQQs settled discount to the component by -10.11 and the ZZZs are at a discount of 29.31. Traders seem to think there is a lot more weakness coming down the pike.

The 6-day moving average carcass weight was steady at 207.31# and the index hogs dipped to 207.75#. Packer hogs are now lighter than non-packer hogs by -2.10#. Packers are getting their hogs to the packing plants at a rapid clip I continued to buy the Q/V spreads as they sold-off today. I may have made a mistake that will give me a trip behind the wood shed.

Best wishes,

dhm