Automotive Industry Faces Slowdown

Automotive Industry Faces Slowdown

The US hide market remained relatively steady for the week with a couple of active trades. Both light and regular weight native steers traded lower by $0.25. Butt branded steers traded down $0.50. Colorado branded steers traded down $0.25. Branded heifers traded $0.25 below yesterday’s price point. Additionally, sources reported high interest in cows.

It appears that rising interest rates are still affecting consumer spending. Many shoe manufacturers do not expect the situation to improve anytime soon. Disruptions to global supply chains combined with the slow economic rebound have resulted in several major automakers slowing production, which may soon have a negative impact on steer prices.

Actual Slaughter by Classification

Table 1. 

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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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