What happened this week: The market remains impressed by the firm market trend overseas, the cut in automotive leather production and the negative effect on the European hide prices, which is starting to fade. ...
Intelligence
December 2012The Pipeline
18 December 2012
German Perspective—18.12.12
US Perspective—18.12.12
Courtesy of The Maxfield Report
www.themaxfieldreport.com
The big packer hide market has continued its unprecedented march higher. Packers were able to eke out additional price increases, which in turn...
11 December 2012
German Perspective—11.12.12
What happened this week: It would be possible sometimes just to copy the previous report into the next one simply for the reason that nothing has changed, nothing new has happened and no new facts and...
US Perspective—11.12.12
Courtesy of The Maxfield Report
www.themaxfieldreport.com
Last week interest was not as brisk on big packer hides. However sellers, buoyed with a strong sold-forward position, coupled with fed-cattle numbers ...
Market Intelligence - 11.12.12
Macroeconomics
The global economy is not sending any balanced or clear information. While the US and China were sending some data that could be interpreted as an improvement, the euro zone again delivered...
04 December 2012
German Perspective—04.12.12
What happened this week: The week was again pretty uneventful. The year is winding down and most of the planning and purchasing seems to be finished. A few latecomers from China are still in the market, but...
US Perspective—04.12.12
Courtesy of The Maxfield Report
www.themaxfieldreport.com
Last week saw packers reluctant to offer wet-salted hides to the market citing strong sold-forward positions. We were aware of a few isolated offers...