Market Activity & Analysis

With most of the people attending the USHSLA in Chicago this week, the tone of the hide market was very subdued. Once again, a number of people in the trade opined that less than a week’s worth of hides were traded; however, after yesterday’s USDA exports sales report surprised everyone with year’s largest weekly sales, it’s probably best to wait for the final tally next week to see what truly happened. Prices this week were mostly steady with…