Mercosur-EU trade talks progress, potential boost for hide exports
Uruguay
The Mercosur trade bloc met on Wednesday December 5 in Uruguay with hopes of finalizing a long-awaited trade...
The hide market showed divergent trends on December 5, with some buyers willing to pay flat to last traded prices (primarily large-scale tanners) while others expressed a more negative outlook.
According to a packer, heavy native steer (HNS) hides attracted bids of $29 per piece, but packers declined due to limited supply. Another seller traded HNS hides at $28 per piece, below last-traded levels, noting minimal demand from overseas tanners.
Cow hide trading remained flat in both volume and pricing, according to a few cow hide...