Minimal trading resulted last week in the states as producers held their ground for steady asking levels. After the smoke had cleared, it appears upholstery type hides had adequate interest and this resulted in slightly higher levels being obtained. Interest was widespread, with decent inquiries coming in from overseas, while US upholstery tanners appeared a little less enthused. Meanwhile, offers of big packer branded selections we met with stern resistance, with a limited amount of interest roughly $2 below asking levels. There were some rumors of a limited amount of trading on HTS at $1 below asking levels; however quantities were not believed to be enough to influence the market. Heifer selections are reported difficult to come by as we have heard several stories of tanners out looking for wet-salted material. Interest on bulls remained strong and the limited offers available had little problem finding interested buyers overseas. Meanwhile, most cow selections report sluggish interest with very few bids to report. Processors report the majority of the bids were at levels about $2 below asking levels and there were some suspicions producers may be more inclined to consider less money this week after a dismal week of sales last week.

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