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Category: Hide & Leather

Negative Price Pressure Building, Cow Hides Trade Lower

Alexandra Watts | 04.29.2021

Trading was lower on a number of cow selections today. Sources reported that bids for new sales continue to come in a lower than-last traded levels. A handful of sellers appear to be well sold and haven't had to take the lower bids, but those needing to move material have crossed the spread and moved material at lower prices today.

Apparel & Leather Goods Supply Chain Complications Persist

The Federal Reserve Economic Data (FRED) for the US industrial production index for apparel and leather goods was 62.6...

January Retail Shoe Sales Fall to $2 Billion

The hide market was quiet at mid-week with customers in China holding off on purchases. There was interest from...

Auto Production Slump Due to Microchip Shortage

Please Note

Summer Weight Change Goes into Effect Tomorrow

Every year on April 1 the Price Guide is modified to reflect...

February Home Starts & Furniture Sales Fall

Sellers are seeing a decent volume of inquiries on bull, cow and dairy steer material. Production out of the...

Cattle Slaughter Forecasted Steady in Upcoming Weeks

Despite reports of resistance to higher offers, steer selections traded at higher prices today. Today, there were multiple packer...

January Clothing Sales Strong Despite Seasonal Dip

Hide demand is increasingly getting stronger from many sectors of the market. Steers, heifers, and some cow selections saw...

Strong Automotive Hide Demand for US Hide Market

The US hide market closes the week with strong automotive and furniture leather business. Hide demand for steers and...

Strong Apparel Sales at Risk to Continue into 2021

The US hide market is moving along sluggishly as many overseas tanners are now closed for the holiday. Some...

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04.23.2024

Rising BOHO spread spurs RIN values higher

Despite the move higher, D4 RINs are down 2% in value from the previous week. RIN prices are receiving support from the rising bean oil/heating oil (BOHO) spread, which...

04.23.2024

DCO premium over CWG hits multi-month low

Lard traded steady on a Chicago basis, with 16 cars traded at 41 cents per lb.

Yellow grease traded down at 37.5 cents per lb delivered US Gulf...

04.23.2024

Animal proteins mixed for Tuesday

Fastmarkets assessed

Membership required to view content. at $250-300 per short ton on Tuesday, up from $250-280 per ton on April 22. Contract pricing for meat and bonemeal has been...

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