Slow European hide trading during summer closures
Brazil
According to a seller, the price of Brazilian wet blue TR1 hides traded between $0.60-$0.62 per square foot...
The US hide market was active on Thursday August 15, with many bids heard for several sellers except for a few that had less material to offer during the week of Monday August 12 due to busy trading the week prior.
A big packer sold regular-weight butt branded steer (BBS) hides at $26 per piece, up by $0.50 per piece from the day prior, and reported strong demand for the material from several other buyers in various leather sectors.
Native heifer hides traded at $22 per...