Market Activity & Analysis

The hide market was fairly quiet last week, with packers indicating they didn’t need to sell many hides, offering out higher prices. Meanwhile, buyers were also saying they didn’t need to buy especially for more money. A small number of the top-end packer hides traded $0.50 to $1 above previous levels, but the market was more or less stable. The Jacobsen Hide Index closed on Friday up $.0634 at $35.86 compared to Friday of the week prior. Over…