Market Activity & Analysis

By most accounts, last week’s hide business was a little slow with sales harder to come by and order volumes small, especially for steer selections. Prices for cows and most steer selections were steady with packers unable to sell for more and buyers unable to buy for less. The Jacobsen Hide Index closed on Friday at $67.84 from $67.72 the week prior. Big packer HNS sold from $77 to $78, BBS from $74.50 to $76, HTS from $72 to $74 FOB plant…