Market Activity & Analysis

While the temperature in many parts of the US started to get warm last week, the hide market remained cool with spotted trading on prices from steady to a couple dollars lower. The Jacobsen Hide Index, which represents the steer/heifer prices, closed on Friday down $1.38 from the week prior when it was $45.95. During the week, big packer HNS reported from $60 to $61, HTS from $45 to $46, BS at $44, BBS from $51 to $54, HNH at $44 and HBH at…