2/21/2020 was up +0.26 and the model projects the component on Friday's kill will change in the range of +0.15 to -0.15..

With their higher bids packers purchased 120.4% of the moving average daily purchases of total hogs and 129.3% on the Index hogs. These are usual numbers for Fridays.

The coronavirus problem is riling the global markets.

Best wishes,

Doc