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US perspective - 06.04.2010

06/04/2010

The Jacobsen Commentary and Market Opinion – 06.04.10

Courtesy of www.thejacobsen.com

Market activity and analysis

The market was very quiet with no sales reported on Monday. A modest number of sales was reported on Tuesday, all steer hides. The market was firm with prices on several selections edging up. In particular, HTS sold for $68 to $71 and BS ranged from $64 to $70, both up a dollar. Butts and native steers traded within the previous week’s price range.

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