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US Perspective—01.09.20

01/09/2020

Courtesy of The Maxfield Report
www.themaxfieldreport.com

Last week in the big packer trade saw offers lists slightly less populated than the week prior. Packers raised asking prices once again, with most selections reflecting increases of roughly a dollar compared to the week prior. 
A combination of reduced offers and higher asking prices resulted in fewer bids last week for packers to consider. As a result, last week was not a particularly busy week of sales for most. Packers turned away unsolicited bids, while countering bids on items offered at full asking prices. The limited number of hides sold last week sold at the asking prices of packers. 

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