Market Activity & Analysis

The hide market this week remains in a holding pattern with a moderate number of sales at relatively even prices. With the exception of a few outliers, most packer HNS are trading from $101 to $102, BBS around $100 and HTS at $96. Cow business appears to be stable with several sources reporting good sales last week and quite a few bids this week. One source notes they are sold out of branded cows. To provide a little more context to the state…