Cow Demand Strong from Korea

Cow Demand Strong from Korea

Hide interest from Korea was active today, with buyers accepting steady price levels to prior day trading ranges. Chinese tanners continue to push for lower prices on much of steer hide material. Branded Cows were a highly desired material this week with several buyers, particularly those in Korea, willing to pay current prices or $1 higher. Dairy Cows have not been as highly demanded as Branded Cows were during this week. Price negotiations are ongoing and sellers expect more trades tomorrow and into the weekend.

U.S. Export Sales & Shipments for Week Ending November 11

USDA Cured Hide and Wet Blue Export Sales Recap

For week ending November 11, export sales for 2021 marketing year decreased 28 percent to 660,290 from 676,392 and shipments increased 2 percent to 533,373 from 454,676. Sales for marketing year 2021 totaled 23,186,396—mostly all hides. The average year-to-date weekly trends for federally inspected slaughter…

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