MURICO.com Forum

The CME Lean Hog Index component on the kill for -

8/21/19 was down -0.68 to 76.70. The VVVs are now trading discount to the component by -14.13. That is quite a "Gap".

The 6-day moving average carcass weight was steady at 208.50#. That is +0.41# yr/yr. Packer hogs are 1.26# lighter than the non-packer hogs. Index hogs were steady at %208.74#. Packer hogs made up 38.4% of the kill mix. That is down own from he 40+% we have been seeing. Packers are much more current in their shipments now.

Best wishes,

Doc