Market Activity & Analysis

The US hide market is being pushed closer and closer to mute with many of the people en route or already visiting customers ahead of the Hong Kong APLF. There was a modest amount of business done last week with prices mostly unchanged including packer BBS at $102 and HTS from $94 to $96 FOB plant. The Jacobsen Hide Index ended on Friday at $92.86 from $92.61 a week ago and the changes were insignificant for most selections including cows which…