Light-Weight Heavy Native Steers Trade Up $1.50

Light-Weight Heavy Native Steers Trade Up $1.50

**Lexi Watts out of office from Tuesday, July 11 to Thursday, July 13. Please contact Ryan Capozziello at [email protected] or 203-892-7209 

Hide trading was active after Friday’s close bringing light-weight heavy native steers (HNS) up $1.50. Auto tanners were active in the market last week after Original Manufacturers Equipment (OEMs) increased their leather needs giving tanners the go ahead to make new purchases.
Packers and seller compile their offer lists today and tomorrow. They expect to have limited availability on steer hides due to well sold positions but good volume of cow and wet blue hides available.

Cattle Slaughter Forecast

Cattle slaughter is forecast by The Jacobsen at 645,00 head this week, up 19.67 percent from last week and down 4.12 percent from last year. Cattle slaughter finished last week at an estimated 539,000 head, down 16.69 percent from…

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