Market Activity & Analysis

It was calmer in the US hide market last week with prices a little more stable and a number of people who reported they sold a decent volume of hides. There was still a wide price gap with many of the bids well below current market prices. Steer selections traded from steady to down around a $1 from the prior week while most cow selections sold steady. During the week, the majority of packer HTS traded between $57 and $58, BBS from $66 to $67…