Market Activity & Analysis

Last week the hide market traded from steady to a dollar lower with volumes reported mixed from supplier to supplier. A few producers and suppliers reported they sold a lot of hides but if wet blue is taken into consideration, to say sales matched the week’s 538,000 kill would probably be a stretch. A couple suppliers noted when they countered low bids, the buyers simply disappeared. The majority of big packer HNS traded in the range of $100…