US Perspective - 25.8.20
Courtesy of The Maxfield Report
www.themaxfieldreport.com
There appeared to be quite a bit of “me too” type interest last week and after the release of the weekly USDA Export Sales Report last Thursday, we can understand why as there were a fair number of hides traded the week before last. That said, it certainly appears as if the packers continue to parlay better-than-expected interest on hides into higher trading levels the past 2-3 weeks.