MURICO.com Forum

The afternoon Purchase Index for - - -

9/13/19 was down -0.21 and the model projects the component on Friday's kill will drop between -0.60 and -0.90. We are still in the chase looking for the seasonality low in the CME Lean Hog Index. It would not surprise me to see it arrive this week.

But first, packers need to start selling the product at higher prices. That did NOT happen on Friday. They actually dipped -2.26. That is enough to make packers cross and grouchy.

Best wishes,

Doc