The Jacobsen Commentary and Market Opinion – 29.06.10

Courtesy of www.thejacobsen.com

On relatively light trading the week before last, the North American hide market traded steady to firm. There were a few steer selections that reached new levels and by Friday June 18 the week’s average Jacobsen Hide Index (JHI) had increased by approximately $0.80 from the previous week’s average. Lightweight BBS and HTS averaged $71.50 and $73, respectively. Cow hide prices on the Friday were mostly unchanged from a week ago.

Share this story: