Cattle Hide Trading Sideways Through Weekend

Author: Alexandra Watts

Cattle Hide Trading Sideways Through Weekend

Hide demand was consistent over the weekend with buyers willing to pay steady price levels to current market. Automotive tanners drove heavy native and butt branded steer prices up $0.50 over the course of the week. Buyers in other leather good sectors were more resistant to higher prices due to limited demand.
Consumers continue to face high interest rates which adds difficulty to borrow for new purchases. The US hide market participants have indicated that they expect the recent surge of business may...

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Table 2. 

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