Market Activity & Analysis

Suppliers are trying to maintain prices with some of the early offers $1 above and most steady with last week’s levels. Popular big packer hides traded steady to $1 higher last week with HTS from $66-$69, BBS from $72-$73 and HNS from $75-$76 C&F. The challenge for producers this week is to motivate tanneries now that they have extended their positions following several weeks of large buying volumes. While the US hide market is largely…