Market Activity & Analysis

The US hide market remains quiet with several early offers leaning lower than last week’s prices and a larger amount of heavy weight and jumbo-type hides. Interest is limited with some tire kicking and inquiries for regular weight steer selections with quick shipments. People in the trade are anxiously awaiting news on tariffs when Trump and Xi meet at the Group of 20 meeting in Argentina this week.

Regarding the upcoming meeting,…