Market Activity & Analysis

Most of the confirmed reports this week were steady or close to the past several week’s trading levels. Big packer HNS reports from $51 to $54 were down around a dollar below last week, BBS held from $43.50 to $44, BS was steady at $34 and HTS was down about a dollar ranging from $32.50 to $35 FOB plant. The window for China orders that can arrive ahead of January has all but closed for most new steer production, but there could still be…