Market Activity & Analysis

The US hide market remained under pressure this week with steers off from $1 to $2 and cows around $1. While sales continued, most volumes were smaller and by several accounts, many bids were very low—perhaps to see how far sellers would go? Common trading levels for popular items include big packer HTS for $62, BS for $60, HNH from $51 to $53 and HBH from $48 to $49. Packer HNS prices held better than other selections, trading from $68…