The Jacobsen Commentary and Market Opinion – 12.10.10

Courtesy of www.thejacobsen.com

Market activity and analysis

Activity in the hide market on Monday was limited with a small number of sales reported from carryover weekend business. Prices were mixed with the Jacobsen Hide Index up $0.31 for the day. Native cows were down $1.50 with one processor sale for $47. Following a couple weeks of back-and-forth tussling over price increases, most people spent the day working on their requirements, seeking information and posturing for the upcoming trading.

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