JLDI Index

JLDI Index

The Jacobsen derived its leather demand index by using an oscillator that captured an index from 1-100.
The index is created from year over year changes to each of 4 time series.

  • Car sales data using a multiplier which includes the percentage index of leather construction is weighted by approximately 14%.
  • Year-over-year leather furniture sales is weighed by approximately 18%.
  • Chinese exports of shoes is evaluated along with –
    US sales of shoes that are leather – which is then weighted by approximately 68%.

The JDLI readings are on the right axis accompanied by prices of Heavy Texas Steer on the left side.
Current Economic Backdrop

The volatility experience in Chinese markets has taken a back seat to a potential Fed interest rate move. Chinese stocks continue to make headlines on a daily basis and this issue might only be exacerbated by an increase in short term interest rates by the Federal Reserve.

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06.27.2025

Sausage casings bulletin, June 27, 2025

Sausage casings bulletin, June 27, 2025

Runner market commentary

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06.25.2025

Sausage casings bulletin, June 20, 2025 [corrected]

Sausage casings bulletin, June 20, 2025 [corrected]

Runner market commentary

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Exchange rate:
EUR/USD — $1.153

Resale European hog runner:

06.24.2025

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

Correction to sausage casings, resale, North American hog runners, whiskered, ex-works North America on June 20: pricing notice

North American hog runners price published on Friday was incorrect due to a formula miscalculation. The original reported price of $1.63 has been corrected to the accurate rolling average...

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