Market Activity & Analysis

The hide market didn’t change much last week with most steers trading steady-to-slightly lower and cows from steady-to-$1 lower with a little more pressure on cow pricing. Big packer HNS sold from $59 to $61, BBS from $53 to $55 and HTS from $47 to $49 FOB plant. The Jacobsen Hide Index closed Friday at $48.87, down $0.59 from a week ago. Some suppliers reported sales were a little low last week while a few major ones indicated a decent round…