Market Activity & Analysis

The hide market last week traded mostly steady with activity and volume mixed from fair to good depending on supplier, and a bump in trader buying. Price on big packer HTS ranged from $48 to $52 with brands and CBS at or close, BBS were from $56 to $57 and HNS was at $61 FOB plant. The Jacobsen Hide Index closed down $1.03 Friday from a week ago at $50.31. A few cow suppliers report cow hides were stable with plumb and dairy cows trading…