Market Activity & Analysis

The first day of spring opens the hide market following another week of a barney standoff. By most accounts, even though last week’s sales fell under the kill, some suppliers were trying to get ahead of the market and it’s possible that a few bigger volumes trades were made. Prices ranged from steady to a dollar lower including reports for HTS at $72, HNS at $77 to $78, BBS at $74 and HNDS from $75 to $77.50 FOB plant. The Jacobsen Hide Index…