Buyers continue to be relatively quiet at this point in the week while they await offer lists. Sellers have more to sell this week after coming off the weekend with limited carry over business. Sellers remain skeptical of the steer market due to slowed interest from tanners in Mexico and the automotive business. 

Split prices in China increased last week to 2,800 to 3,000 CNY, up 200-400 CNY (US$29 – 58) from last traded levels. Tanners are using this in leather price negotiations, but tanners are still hesitant to pay higher prices levels for raw material. 

Cured and Wet Blue Export Shipments by Selected Countries  —  Through April 27

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