11/5/19 was down -0.03 to 60.14. The ZZZs are now trading premium to the component by +5.01. The volatility in the hog market is very high as traders try to figure out what is going to happen in the world pork market.

The 6-day moving average carcass weight firmed to 214.24#. That is +1.77# yr/yr. Index hogs were a bit lighter at 213.79#. Packer hogs are +0.36# lighter than the non-packer hogs. Packers seem to be keeping very current in their shipments.

Best wishes,

Doc