Market Activity & Analysis

The US hide market struggled to hold its footing last week with steer hides trading around $1 to $2 below previous levels depending on source and selection. Most packer HNS sold between $76 to $77, BBS from $74 to $75, and HTS at $69 to $71 FOB plant. With the exception of dairy cows, there was very little positive to say about cows with bids scarce and the difference in price ideas huge between buyers and sellers. A few producers are still…