Market Activity & Analysis

It was more of the same ol’ same ol’ for the US hide market last week with prices falling a dollar or two on steers and a dollar on cow selections. Popular packer steer selections including HNS sold from $68 to $69, BBS at $67, HTS $62 and BS at $60 FOB plant. The Jacobsen Hide Index closed on Friday down $1.21 from a week ago at $60.28. It remains difficult to estimate the volume of hides traded, but a few suppliers report they sold less than…