The Jacobsen Commentary and Market Opinion

Courtesy of www.thejacobsen.com

The high BBS at $83 on Friday 25 February was the highest for the week – and likely one of the highest price points for the selection ever. On a C&F basis, steer hides were reported to trade in volume at the $90 level. It was noted that some producers sold a lot of hides this week but not everyone sold all they needed. One pundit opined that those who didn’t sell many hides this week were likely very well sold last week and inflexible on pricing.

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