US Perspective - 24.05.11
The Jacobsen Commentary and Market Opinion
Courtesy of www.thejacobsen.com
This week the sentiment was a continuation of last Friday’s tone with packers and some traders fairly upbeat. While there have not been any offerings, a few people commented that they expect suppliers this week to ask up a dollar or be much tougher holding the line on their prices. Most prices on trades reported were steady with last week with the exceptions of packer BBS up a dollar at $84, bringing them close to par with HTS.