11.27.2023
Appeals Court Strikes Down EPA’s Denial of SREs
*Please Note – Bob Lane was out of the office today and will return on Tuesday, November 28, 2023.
On November 22, a U.S. appeals court struck down a decision...
Today, regular-weight heavy native steers traded $0.50 higher than yesterday but were steady with price levels from the start of the week. Overall market sentiment is pessimistic given the continued negative pressure on prices from buyers. Current market hide prices are tracking at historic lows while global economic activity is weak. Leather has lost significant market share to alternate materials.
The Jacobsen Hide Index (JHI) closed at $23.74, down 5.4 percent from the year prior.
Actual Slaughter by Classification
Table 1.
…