The Jacobsen Commentary and Market Opinion

Courtesy of www.thejacobsen.com

The US hide market began the shortened week’s business with one day’s less slaughter to contend with. Following a fairly quiet week last week, most people did not expect to see a huge number of hides traded this week but expected the market to hold fairly steady. Packers continued to remain in good forward sold positions and just enough buyers kept picking up hides to hold prices.

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