Steer hide prices rose today, with prices increasing anywhere between $2.50 and $4 from yesterday. Despite the slowdown due to the limited supply of microchips, automotive upholstery demand continues to be firm with prices steady to last Thursday’s levels for Butt Branded Steers. Container availability issues in Asia have not slowed cow hide demand for furniture upholstery , with trading continuing at steady prices.

Today’s Trades

[HIDE-SALES]

U.S. Export Sales & Shipments for Week Ending January 21

USDA Cured Hide and Wet Blue Export Sales Recap

For week ending January 21, export sales for 2021 marketing year decreased 20 percent to 452,375 from 565,928 and shipments decreased 4 percent to 507,079 from 530,150. Sales for marketing year 2021 totaled 1,961,209—mostly all hides. The average year-to-date weekly trends for federally inspected slaughter were 653,736, total export…