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...
Steer prices dropped $1.50-$3 on some selections today. Bids from Chinese buyers are very limited and a few dollars lower than last week’s trading levels. Bids from Korea continue at steady price levels to last week, but for very small volumes. The lack of interest from China and lower bids add risk to the market for lower prices in the near term.
The Federal Reserve Economic Data (FRED) for the US industrial production index for apparel and leather goods was 62.6 points for February, down...Read More