US Perspective – 03.11.20
03/11/2020
Courtesy of The Maxfield Report
www.themaxfieldreport.com
Last week in the big packer trade many packers refrained from offering any wet-salted hides. Those who did offer hides last week were reported to have raised asking prices by another dollar over their last traded levels. This kept most buyers on the sidelines. Prospective buyers quickly discovered that packers had absolutely zero interest in negotiating prices.