MURICO.com Forum

The final Purchase Index for - - -

2/27/15 is going to be late due to "Packer Submission Problems!" From the afternoon reports the model projects that the Purchase Index will be up +$0.57 and the component on Friday's kill will move up between +0.50 to +0.80. We are still in an up-trend and the strong cut outs Friday may keep the Index climbing.

Production continues to be strong. The total pork last week was +6.48% over last year.

My feeling is that the 18.38 "Gap" between the MMMs and the index may be too wide and the 2.62 "Gap" between the JJJs and the index may be too narrow so I like the long J/M spread trade. I entered two of the spreads on Friday and will add a couple more if it dips today.

Best wishes,

dhm

Messages In This Thread

The CME component on the kill for - - -
Re: The CME component on the kill for - - -
The final Purchase Index for - - -