Market Activity & Analysis

The hide market was unchanged last week with steers steady and cows firm with activity mixed depending on source and destination from average to good. The Jacobsen Hide Index representing the steer and heifer prices, closed on Friday at $64.93 from $64.81 a week ago. Producers remain firm with early offers asking $2 or $3 above last week’s selling prices. There is a little more optimism about leather orders after the CNY holiday, but so far…