Shoe Sales Expected to See Upswing in Mid-Late 2021

Category: Hide & Leather

Shoe Sales Expected to See Upswing in Mid-Late 2021

Alexandra Watts | 02.03.2021

Upholstery demand continues to bring hide interest, but bids are lower than the last traded levels at this point in the week. The inability to ship product quickly is pressuring current prices lower. Footwear hide demand is relatively unchanged, with depressed interest and prices. Some Chinese tanneries are now offering resale hides at economically attractive prices, but a number of buyers remain uninterested because of their sufficient existing inventories. 

US retail shoe sales figures were released by the Federal Reserve Economic Data (FRED) for...

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Steer Prices & November Auto Production Drop

Steer Prices & November Auto Production Drop

Steer prices for jumbo weight material fell $0.50 - $2 today on strong supply of this weight of...

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Strong Buyer Interest for the US Hide Market

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...

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Firm Demand for Heavy Native Steer Hides

Firm Demand for Heavy Native Steer Hides

Heavy Native Steer (HNS), Heavy Native Dairy Steer (HNDS) and Dairy Cow (DC) hide demand has been firm...

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US Retail Shoe Sales Increase

US Retail Shoe Sales Increase

Federal Reserve Economic Data (FRED) reported October 2020 US retail shoe sales data at an increase of $86 million...

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Strong Auto Sales Boost Hide Prices

Strong Auto Sales Boost Hide Prices

Hide prices were limited in movement today, with the exception of Heavy Native Steers (HNS) trading at $43...

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Hide Prices Trade Sideways

Hide Prices Trade Sideways

Hide prices traded sideways today, as the holiday week has been relatively quiet throughout the marketplace. Mid and low-end...

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Week-End Cattle Slaughter Conclude at 665,000

Week-End Cattle Slaughter Conclude at 665,000

The US hide market concludes the week at close to steady trading levels for steer selections and a...

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Hide Demand Strong For Upholstery

Hide Demand Strong For Upholstery

Hide demand proceeds to be strong for the upholstery sectors. Buyers continue to be in the market for...

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Appeals Court Strikes Down EPA’s Denial of SREs

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*Please Note – Bob Lane was out of the office today and will return on Tuesday, November 28, 2023.

On November 22, a U.S. appeals court struck down a decision...

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Cattle Slaughter Forecast Lower to Close out 2023

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The market was very quiet today coming off of the long holiday weekend. Most were getting their logistics and bid/offer ideas ready for the week and looking ahead to...

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Pressure on ruminant meat and bonemeal continues to be reported on accounts of excess offerings from slowed/diminished export trade. Participants communicated low $200s per short ton on ruminant meat...

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