Steer hide prices were reported steady to lower, as sellers indicated continued resistance from Chinese buyers. Korean buyers were more active than usual, but most bids tracked steady to lower and volumes were small. Export sales for the week of April 1 were lower than the prior week, as expected. It is expected the following week to report more reduced figures based on the week’s limited activity.
USDA Cured Hide and Wet Blue Export Sales Recap
For week ending April 1, export sales for 2021 marketing year decreased 20 percent to 464,007 from 579,014 and shipments decreased 15 percent to 487,708 from 572,191. Sales for marketing year 2021 totaled 6,806,829—mostly all hides. The average year-to-date weekly trends for federally inspected slaughter were 638,143, total export sales were 523,602 and total export shipments were 493,794.
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Sausage casings bulletin, February 21, 2025
Runner market commentary
Table 1
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