Market Activity & Analysis

The US hide market changed very little this week with steer selection prices steady to firm and pressure mounting for some cow hides as well as lower-grading and special selections. At the end of the week, most producers said they sold what they needed and were able to get a little more money on a few selections. Traders and tanners were not so upbeat and continued to say business was sluggish. We are now in the pre-Hong Kong leather fair…