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US perspective - 22.06.2010

22/06/2010

The Jacobsen Commentary and Market Opinion

Courtesy of www.thejacobsen.com

During the week before last, the market was once again mixed with steer hides steady to firm and cow hides continuing to struggle. There was a glimmer of light, however, with a couple positive reports from suppliers regarding their cow positions. The week’s hide index average was $68.13, up $0.69 from the previous week’s average. In general, the steer market was up at least a dollar while most cow selections remain steady.

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