Courtesy of www.thejacobsen.com

Market activity and analysis

The market was extremely quiet on Monday with only one trade reported. A modest number of trades was reported at mixed prices on Tuesday. HNS spread ranged from $49 for processor hides to $53.50 for packer hides. HTS ranged from the same low of $49 for processor to $51 for packer hides. Both HNH and HBH were up slightly at $40 and $36.75 respectively.

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