Market Activity & Analysis

The US hide market remains quiet with offers close to last week’s prices and so far, muted reaction to the 90-day extension for any new China trade tariffs. We will have to wait and see if the reprieve helps the market. In the near- to mid-term, the market is facing headwinds of lower leather demand, winter hides and upcoming holidays. While it is early in the week, interest remains fairly slow with some inquiries for steer selections and less…