Cured hide trading underwhelming, but wet blue sales volumes firm

Cured hide trading underwhelming, but wet blue sales volumes firm

No Bulletin/Price Guide published on Monday May 27
There will be no publication of the North American Hide Bulletin/Price Guide on Monday May 27 in in observance of the Memorial Day holiday.

Daily market
The US hide market closed the week to Friday May 24 with an underwhelming amount of cured hide trading but firm wet blue trading, both at lower levels than last traded. Most negotiations over the week never materialized, many sellers reported, but they expected some business to be carried into the weekend.

A trader reported regular weight heavy native steers at $29 per piece, down by $2 per piece from the day prior, and butt branded at $26 per piece, down by $1 per piece from the previous day’s sales. The price decreases were driven by lacking demand from automotive tanners.

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