Buyer demand in US hide market mostly for unavailable hide selections

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Buyer demand in US hide market mostly for unavailable hide selections

The US hide market had a quiet tone for Thursday July 25, which is typically the most-active trading day of the week. Sellers reported that a lower-than-usual number of bids were received throughout the week; most of the interest was for items that sellers did not have available, such as branded steer hides.

Hides traded on Thursday were flat to lower compared with previously traded prices. Processor lightweight and regular-weight heavy native steer (HNS) hides traded $1 per piece lower than the day prior, and...

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