Market Activity & Analysis

There wasn’t much different with the US hide market last week with many bids $2 or $3 lower than last sales, and packers digging in their heels, which resulted in mixed prices from steady to $1 lower depending on source and selection. Heavy Texas Steers sold in a wide range with the majority between $63 to $64 FOB plant. Butt Branded and Native Steers traded between $69 to $71 and $71 to $72 respectively. Industry sources are mixed on the…