Market Activity & Analysis

The hide market this week was not much different from the past several, with global hide supply bigger than demand putting buyers in the driver’s seat. Reported sale prices were down a dollar or two depending on selection. There were a number of unconfirmed direct special deals are being circulated in the trade, which adds a level of frustration to an already difficult market. Quoted trades for packer steers this week were HNS from $56 to…