Market Activity & Analysis

Despite little improvement on the demand fundamentals front, the US hide market remained stable last week with little change in prices for most of the major selections. China tanners continued try to buy for lower prices in anticipation of potential tariffs and a weaker currency. Indicative of the US steer and heifer selection the Jacobsen Hide Index on Friday was $36.81—very close to Friday the week prior at $36.79. Dairy cows traded…