1/17/18 was up +0.01 and the model projects the component on yesterday's kill will change in the range of +0.05 and +0.25. With cutouts being firm yesterday and now the Purachase Index projecting a steady component, I'm expecting hog futures today to be somewhat steady with technical/emotional factors moving then up and/or down a half point or so.

"In the hog market you can always expect the unexpected" Long Bear RIP.

BEST wishes,

Doc