Market Activity & Analysis

The US hide market was quieter last week with the jury still out as to whether a week’s-worth of production exchanged hands. A few people in the trade, however, opined they did not see as much volume as previous weeks. Prices ranged from steady to down $0.50 to $1 on several selections. Major packer steer reports included HNS from $54 to $55, BBS from $44 to $45.50, HTS from $34 to $37 and BS at $33. The Jacobsen Hide Index closed out Friday…