Market Activity & Analysis

Buyers holding out for a price reduction were probably disappointed this week, especially on the top-tier hides, which traded at or close to steady although there was not a lot of volume reported. Cows continued under pressure, remaining highly influenced by lower-priced South American wet blue.

Today’s USDA reported total cured hide and wet blue export sales for week ending March 14 were down significantly at 262,258 from 401,022 the…