Market Activity & Analysis

The US hide market was unchanged last week with willing buyers for better grading material and difficulty for lower-end hides. It is difficult gauge the volume of hides moved but several suppliers noted from their perspective that sales were probably a little under supply. Major packer steer reports held steady including HNS from $54 to $55, BBS from $44 to $45, BS at $33, HTS from $34 to $38 and HBH from $25 to $27 FOB plant. The Jacobsen…