Market Activity & Analysis

The US hide market is starting to take shape with a few offerings and bids beginning to circulate and early offers steady to lower and bids lower. Sales the last several weeks following the ACLE have been slow with downward price pressure building. This week, tanners’ price ideas across the board are $2 to $3 lower than last week’s sales. While fall is the season tanners typically build supply, for a number of reasons this year they have been…