Market Activity & Analysis

The big packer hide offers are relatively large with shipments out to the last half of October and November and with most prices close to the last week’s levels. Interest is picking up from a quiet start with bids mostly steady from last week but China buyers continuing to aggressively push for cheaper prices. The 5% tariff for hides and wet blue going into China is being digested by the trade this week, although most think it will be…