The Jacobsen Commentary and Market Opinion

Courtesy of www.thejacobsen.com

The market on Monday was relatively quiet with no packer and only a few processor trades reported. Trades were steady. Early in the week, business was quiet with a few early offers out at higher prices. Although there were not many confirmed trades, asking prices for HNS, BBS, and BS were in the range of $56 to $59. Falling within the range, one HNS was traded on Tuesday at $59, up $3.50 from its highest point this year. Other trades on Tuesday included BS, HTS, and HBH all within the previous week’s range of trading.

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