Market Activity & Analysis

The US hide market mid-week is trading mostly sideways on limited sales with business into Asia becoming more difficult. Tanners worry the slowing China economy, financial difficulties, and anemic leather orders dampened the outlook for the fall leather season as well as their appetite for hides. Some people believe there is still enough demand for upper-end hides to hold prices stable for US big packer steer and dairy cows, but a few are…