Market Activity & Analysis

Last week the US hide market was steady/firm with some producers continuing to push for higher prices and finding spotted pockets of willing buyers, but many customers refused to pay more. With limited volumes, a few selections traded $2 to $3 higher including HTS for $66 and BS for $64. However, both of these selections had a wide range of prices with packer Branded Steers selling from $60 to $64 and Heavy Texas Steers from $63 up to $66 FOB…