Strong Auto Sales Boost Hide Prices

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Strong Auto Sales Boost Hide Prices

Alexandra Watts | 12.30.2020

Hide prices were limited in movement today, with the exception of Heavy Native Steers (HNS) trading at $43 for regular weight material. Interest from the automotive and furniture leather tanners continues worldwide. However, shipping material is still very difficult especially out of the west coast US to Asia. Additionally, there have been reports that feeder ships in China are not being serviced with no explanation.  

Federal Reserve Economic Data (FRED) was released for October 2020 reporting retail auto sales in the US at...

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