The US hide market wrapped up the week with trading done at steady price levels with yesterday’s close. Packers sold more Heavy Native, Butt Branded, and Branded Steer hides at yesterday’s market levels due to demand from Chinese automotive tanners.
Some shoe tanners were active and willing to pay steady levels for Branded Hide selections. However, many are looking for alternative markets for their leather as demand has slowed from the shoe leather sector.

U.S. Export Sales & Shipments for Week Ending October 5

USDA Cured Hide and Wet Blue Export Sales Recap

For the week ending October 5, export sales for the 2023 marketing year decreased 18.9 percent, from 569,661 to 461,839, while shipments decreased 14.6 percent, from 660,179 to 563,516. Sales for the 2023 marketing year totaled 21,273,902 — mostly all hides. The average year-to-date weekly trends for federally-inspected slaughter were…