Negative Price Pressure Building, Cow Hides Trade Lower

Category: Hide & Leather

Negative Price Pressure Building, Cow Hides Trade Lower

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. 

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March Home Starts Reach Record High

March Home Starts Reach Record High

Hide prices traded sideways mid-week, with no changes to previous day price levels. Sellers received bids a few dollars...

Apparel & Leather Goods Supply Chain Complications Persist

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

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

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

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

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

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

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...

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07.16.2021

Vegetable Oil Futures Prices Extend Higher Before Weekend

Vegetable Oil Futures Prices Extend Higher Before Weekend

Vegetable Oil Futures Prices Extend Higher Before Weekend    

Vegetable oil prices extended higher on Friday, with U.S. soybean oil futures up again on bean oil/meal spreading as well as...

06.23.2021

Veg Oils Rise as Weather Woes Remain Focus for Soybean Oil

Veg Oils Rise as Weather Woes Remain Focus for Soybean Oil

Veg Oils Rise as Weather Woes Remain Focus for Soybean Oil

Vegetable oil prices were higher on Wednesday, with overnight gains in palm oil futures driven by bargain buying supporting...

06.04.2021

What’s Ahead in the FOG Markets?

What’s Ahead in the FOG Markets?

Rising Tide – What’s Ahead in the FOG Markets Ryan Standard, Fastmarkets / The Jacobsen The following video is a capture from The Jacobsen Fuels & Feedstocks Virtual Conference...

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