Market Activity & Analysis

The hide market this week was not much different from the past several with buyers continuing to push prices lower as they try to wring the last nickel from producers. While some in the trade are starting to think the market is close to bottoming, prices once again were unable to hold, sliding a dollar or two depending on selection. A few of the most popular quoted trades for packer hides were HNS from $54 to $55, BBS from $41 to $43 and HTS…