Market Activity & Analysis

Last week the hide market appeared to find some footing after giving significant ground the previous week. Prices on major steer selections traded more or less steady with Heavy Texas Steers from $50 to $52, BBS from $55 to $57 and HNS from $61 to $62. After consolidating some of the lower trades from the previous week, the Jacobsen Hide Index closed Friday down $1.80 from a week ago at $52.06. It is interesting that some upper-end brands and…