Market Activity & Analysis

The US hide market last week was in a holding pattern with prices steady/firm and producers and tanners in a price standoff, which dampened volumes. Business for the week seemed to wrap up early and by Friday there was very little, if anything, going on. Big Packer HNS and BBS sold for $78 and $76, respectively, HTS from $71 to $74, and CBS for $66. The Jacobsen Hide Index closed Friday at $76.71 from $67.87 a week ago. Cow prices were also…