Market Activity & Analysis

Last week the US hide market had a relatively slow week for sales with prices off a couple dollars on a number of selections. The Jacobsen Hide Index closed on Friday at $77.48 from $80.11 a week ago—down $2.62 or 3.3 percent. The price ranges on given selections continue to be wider than usual depending on quality of product and other extenuating circumstances. During the week, give or take a dollar, packer BBS traded from $88 to $90,…