Jumbo Steers Trade Higher, Market Quiet Ahead of ACLE

Jumbo Steers Trade Higher, Market Quiet Ahead of ACLE

Notice

Lexi Watts out of Office August 28-September 1

Lexi Watts will be out of the office Monday, August 28 to Tuesday, September 5.  In her absence, please contact Ryan Capozziello at 203-892-7209 or [email protected] with any questions or trades to report.

The week concluded with limited trading activity ahead of the All-China Leather Fair (ACLE) taking place next week. Most sellers aren’t trading at the moment, waiting to have material to sell in person next week. Buyers are also interested in waiting until next week to see if they could buy hides at discount.
Jumbo heavy Texas steers sold $1 higher from the last reported price.

Actual Slaughter by Classification

Table 1. 

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Exchange rate:
EUR/USD — $1.153

Resale European hog runner:

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