Market Activity & Analysis

Not much happened in the US hide market last week, where it paused on limited trading with steers and cows stable and prices steady to firm. In both cases, the special deals were absent with most big packer HNS reported from $67 to $67, BBS from $65 to $66 and HTS from $63 to $64 FOB plant. The Jacobsen Hide Index closed out Friday at $59.43 compared to $59.61 a week ago. A few cow suppliers noted demand was decent last week and prices above…