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US perspective - 01.06.2010

01/06/2010

The Jacobsen Commentary and Market Opinion – 01.06.10

Courtesy of www.thejacobsen.com

There was no Jacobsen report from Monday to Wednesday (May 24-26). In the market on Thursday, several suppliers noted that business was better than the previous week, but overall prices continued to be under pressure, down a dollar from the prior week’s levels. A couple of people commented that good volume business on packer steer hides could be conducted between $75 and $76 C&F Asia port, but they were not prepared to sell at those prices.

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