Market Activity & Analysis

The first week of 2018 holiday week got off to a late start due to the New Year holiday on Monday and activity was slow to materialize. By most accounts, trading volume was small with prices unchanged, although there was a fair share of the bids unworkable because they were too low to consider.

The USDA cured hide and wet blue export sales for week ending December 28 closely mirrored the previous week at 360,347 from 335,769. Shipments…