Market Activity & Analysis

The US hide market remained steady last week for most business with a few steer trades $0.50 to $1 higher while some cow selections were off by that much. Depending on source and selection, hides are trading in a relatively tight range with some moving relatively well on the bottom, but quickly starting to shut down on the top. The Jacobsen Hide Index closed the week on Friday up $0.49 from a week ago at $49.06 and during the week big packer…