Hide demand proceeds to be strong for the upholstery sectors. Buyers continue to be in the market for Heavy Native Steers, as well as other steers, but are facing a challenge to have them shipped before year-end. The shoe tanners remain absent from the market as leather demand, let alone footwear in general, is low. Overall, the week ended trading at similar levels to slightly higher than the previous week.

Today’s Trades

Packer Sales

No packer sales today.

Processor Sales

No processor sales today.

Actual Week-Ending Cattle Slaughter by Classification

This USDA data is published every Thursday by the USDA Agricultural Marketing Service (AMS) and reflects actual week-to-date cattle slaughter by classification for the week ending two weeks prior to document release day.

Industry-Related News

December 4 (Wall Street Journal) – U.S. Added 245,000 Jobs Last Month as Hiring Slowed

U.S. job growth slowed sharply in November, suggesting the labor-market recovery is losing steam amid a surge in coronavirus cases and new business restrictions. Employers added 245,000 jobs last month, less than half the 610,000 jobs added in October, the Labor Department reported Friday. The unemployment rate edged down slightly to 6.7% in November from 6.9% a month earlier. READ MORE