Market Activity & Analysis

There is little good news for the US hide market with prices continuing to fall and problems with customers bailing on suppliers overwhelming. More and more people are comparing this market to the correction in 2008/2009. To help put the two markets into perspective, we are including a chart and analysis showing the average monthly prices for the Jacobsen Hide Index (JHI), Butt Branded Steer (BBS) and Northern Branded Cow (NBC) prices covering…