5/6/19 WAS down -0.49 and the model projects the component on yesterday's kill will drop between -0.20 and -0.50. A downtrend seems to have been established. How low i will go and how long it will last is highly dependent upon Trump and Xi reaching a trade deal, at least that is my opinion.

With their lower bids, packers only purchased 79.6% of the moving avaerage daily purchases. Packers are processing quite large numbers of their own hogs.

Best wishes,

Doc