Hide trading ended the week with a few active trades. Branded steers traded $0.50 below yesterday’s price levels. Both dairy and branded cows traded $0.25 lower. Sources reported that there is a lot of negative price pressure in the branded steer market. The auto industry is starting to slow down on continued inability to procure adequate chip supply. However, buyers that were initially interested in branded steers, now might shift their attention towards buying butt and native steers while the price is low.  

U.S. Export Sales & Shipments for Week Ending January 13

USDA Cured Hide and Wet Blue Export Sales Recap

For week ending January 13, export sales for 2022 marketing year increased 77 percent to 389,900 from 220,069 and shipments increased 130 percent to 527,100 from 229,193….

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

• < Prev post
• Next post >