Market Activity & Analysis

Last week a few selections traded steady and one or two sales actually managed to edge up. On average, the market slid about a dollar with the Jacobsen Hide Index closing on Friday at $85.01 from $86.05 a week ago and $103.79 a year ago. By week’s end, producers were a bit more upbeat after some sales at steady and slightly higher levels. A number of people in the trade were thinking most of the buying last week was from traders and the end…