Market Activity & Analysis

Last week the US market was steady on lighter sales with suppliers doing their best to keep the market looking strong ahead of the APLF and buyers trying to push prices down or waiting for face-to-face meetings in hope of better deals. The Jacobsen Hide Index on Friday closed at $92.61—virtually unchanged from $92.65 a week ago.

History is on the side of buyers with prices following the show tending to be lower more times than…