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The CME Lean Hog Index component on the kill for -

5/7/19 was up +0.26 to 82.81. The MMMs are now trading premium to the component by +5.97.

The six-day moving average carcass weight was steady at 215.06#. That is +0.98# yr/yr. Index hogs are a bit lighter at 214.04#. Packers continue to bring their hogs to market heavier now at a +3.21# but it does appear that packers are getting a bit more current in their shipments,

The uncertainty in the hog market continues and it will most likely continue to quite a long time as we work through the trade war and the ASF problem in China.

Best wises,

Doc

Messages In This Thread

The CME Lean Hog Index component on the kill for -
Re: The CME Lean Hog Index component on the kill f
I have also been buying V/Z dips and - - -
Re: The CME Lean Hog Index component on the kill f
Good Morning, Dewey, I am sorry that I took - -