US hides overpriced
15 October 2003
With the fear that a declining herd in the USA will reduce the number of animals available for slaughter, hide prices shot up this week but in most cases there were no takers. Increases of $8-9 were reported and even the weak dollar could not compensate entirely. Nor did reports of another case of BSE in Japan do anything to alleviate the ensuing panic in the market.
