Last week’s hide market ended with a steep adjustment in steer prices. The average steer price on the JPG was $44.75, down $11—nearly 20%—from last week’s average price of $55.75. This compares unfavorably with a decline in cows of 14.5%, which saw its weekly price drop $2.84 from an average $19.50 to $16.66.This abysmal decline was reflected in...

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