Market Activity & Analysis

The US hide prices edged lower this week, with lower end hides especially challenged and most other selections slipping one or more dollars. On a positive note, a few sources reported that demand widened with more bids from a broader reach of countries giving some hope that lower prices were prompting buyers to step in. The latest prices reported for packer hides include HNS from $60 to $61, HTS at $44, BBS from $50 to $51, BS at $43 and HBH…