5/28/19 WAS down -0.61 to 82.24. It appears that the MMMs settled premium to the component by +3.08.

The 6-day moving average carcass weight eased to 214.76#. That is +2.12# yr/yr. Index hogs were also a bit lighter at 214.10#. Packers have been moving a lot of their hogs to the packing plants. Packer hog are only 1.98# heavier than non-packer hogs.

Best wishes,

Doc