Apparel & Leather Goods Supply Chain Complications Persist

Category: Hide & Leather

Apparel & Leather Goods Supply Chain Complications Persist

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...

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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...

Strong Apparel Sales at Risk to Continue into 2021

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...

Shoe Sales Expected to See Upswing in Mid-Late 2021

Shoe Sales Expected to See Upswing in Mid-Late 2021

Upholstery demand continues to bring hide interest, but bids are lower than the last traded levels at this...

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04.14.2021

Inflation Fears and Technical Buying Drive Soy Oil Higher

Inflation Fears and Technical Buying Drive Soy Oil Higher

Inflation Fears and Technical Buying Drive Soy Oil Higher

Agricultural and energy prices surged higher on Wednesday, driving soybean oil prices sharply higher. Most palm oil...

04.14.2021

Apparel & Leather Goods Supply Chain Complications Persist

Apparel & Leather Goods Supply Chain Complications Persist

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...

04.13.2021

Disease Resistant Hemp Requires Research and Time

Disease Resistant Hemp Requires Research and Time

Cannabis selection has occured over thousands of years, for the intoxicating resin or fibrous characteristics.  Selection was retarded in much of the world due to prohibition, but pockets of breeding...

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