has now bottomed out. If there is follow-through to the weak kill we are seeing so far this week and the cutouts continue to climb, I would expect the Index to continue the upward trend that seems to have started.

But - - -

"In the hog market you can always expect the unexpected!" LONG BEAR

Best wishes,

Doc

P.S.: You nailed the cash settlement index for the NNNs. Being short NNNs going into cash settlement turned out to be about the best cash settlement trade I have ever made.