9/21/18 was up 1.53 to 61.49. The VVVs are now trading DISCOUNT to the component by -1.22. What a "Gap" closing waltz we have had.

The six-day moving average carcass weight eased to 209.08#. That is -2.08# year/year. Producers seem to be very current in their shipments. Index gained a bit yesterday. They are now 207.90#.

Still long the summer futures plus some VVVs.

Best wishes

dhm