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You are on a very nice "Roll", Dewey. I hope - -

tomorrow works out well for you, also.

The afternoon Purchase Index was UP +0.08 so we may be getting close to posting the seasonality low for the CME Lean Hog Index. The model projects it will drop between -0.35 and -0.65 on Monday's kill because packers still have an inventory of cheaper hogs purchased. As soon as we work through them there may be a bounce which may be the seasonality low or it may be a short-term bounce followed by a seasonality low about the time the ZZZs go to cash settlement.

Best wishes,

D.H..

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
You are on a very nice "Roll", Dewey. I hope - -
Re: You are on a very nice "Roll", Dewey. I hope