Strong Buyer Interest for the US Hide Market
The US hide market concludes the week with strong supplier sales and buyer interest. With shutdowns and slow movement...
The US hide market closed the week trading slightly lower than the previous with a number of steer hide prices under pressure. However, cow hides are in demand due to the firm furniture upholstery business. Native Bulls, a common selection used for leather furniture, have traded up $3 today from the prior trading day. Branded Bulls have traded up $2 today from the prior trading day. The week ends with continued shipping and container availability concerns.
The week's estimated cattle slaughter was...Read More