4/24/19 was up +0.37 and the model projects the component on yesterday's kill will be up between +0.25 and +0.55.

With their higher bids, packers purchased 118.5% of the daily moving average of total hogs and 107.3% on the index hogs. Those are larger numbers than usually seen on a Wednesday.

The futures have opened down limit. I was expecting some weakness with the cutouts being down so much yesterday but limit so fast was not expected.

Best wishes,

Doc