The US hide market was steady on Monday February 10, with sources reporting limited activity and prices consistent with those from the previous week.
Cattle slaughter forecast
Fastmarkets’ research team forecast cattle slaughter at 585,000 head for the week to Saturday February 15, up by 0.2% from the prior week, but down by 4% from the year prior.
Over the next six weeks, Fastmarkets’ research team projects cattle slaughter to average 587,500 head per week, down by 1.2% year on year, but up by 0.3% from the prior six-week average.
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