Market Activity & Analysis

Last week the US hide market was a little more active with more buyers engaging and showing serious interest and some suppliers reporting doing a reasonable round of business. Steer selections traded from steady to a dollar lower depending on starting point and the Jacobsen hide Index was off $0.56 from a week ago, closing Friday at $59.71. Heavy Native Steers were selling from $66 to $67.50, Butts from $64 to $66.50 and Heavy Texas Steers…