Market Activity & Analysis

Despite valiant efforts by some suppliers to pump up the market, US hides traded mostly steady last week with quality big packer steers solid and cows and processor hides a little soft. Packer Native Steers traded for $60, Butts, from $53 to $56 and HTS from $47 to $50. The premium cow selections were able to hold ground, but ordinary and lower-end cows needed lower prices to keep moving. Regarding the volume of hides sold, there is a mixed…