Courtesy of The Maxfield Report

www.themaxfieldreport.com

Reports from members of the big packer trade are claiming a difficult week of trading, complicated by a general lack of offers from packers, coupled with ideas from buyers that are well below the last established trading levels. Meanwhile, we have confirmed reports from sources sharing that their attempts to bid packers this week at levels below $82 FOB failed this week, while there continue to be rumours swirling through the trade accusing some of the various packers of actively pursuing direct business with tanners at levels reported to be at $88 delivered and possibly lower.

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