Market Activity & Analysis

The hide market got to a slow start with a four-and-a-half-days Memorial Day holiday slaughter schedule taking some pressure off suppliers. Last week the market remained mixed with dairy cows down a dollar, fed cows steady to slightly lower and steer hides trading around a dollar higher. The Jacobsen Hide Index closed Friday at $64.21 from $63.40 the week before with several steer selections during the week increasing a dollar. Big packer HTS…