Market Activity & Analysis

Not much changed with the hide market last week with the steer market holding prices on low volume and the cow market pressure continuing to build. Give or take a dollar, big packer HTS traded between $65 to $67, BBS at $72 and HNS at $74. A number of people expressed they think prices will roll back post Hong Kong Leather fair, but if it does, probably not very much. Up until now, producers have been able to hold prices for the more popular…