Market Activity & Analysis

The market was relatively inactive this week for US hides following a round of steer price increases last week of $1 to $3 depending on source and selection. Steers traded mostly steady or at last week’s prices and while there were quite a few active bids, trading was spotted and several major suppliers indicated volume was down from last week. Cows were mixed with a softer tone, especially for brands. A few sources also noted shipments are…