Hide Market

There was a fair amount of business done on U.S. hides last week. The volume of trades was up from what was done during the previous holiday shortened week. But on a whole, last week left sellers nothing to shout about. There were many bids which is normally a good sign, but far too many of those bids were on items that suppliers were well sold ahead on or were at price levels that were not interesting to suppliers. For the most part, Steer hides that were sold were down a dollar or two from … [Read more...] about The Hide Market Report – June 8, 2015

Hides and Skins:  Net sales of 298,600 pieces for 2015 were down 23 percent from the previous week and 27 percent from the prior 4-week average.  Whole cattle hide sales of 298,400 pieces were primarily for China (166,300 pieces), South Korea (77,200 pieces), Italy (17,300 pieces), Mexico (16,800 pieces), and Taiwan (14,100 pieces).  Exports of 402,600 pieces were up 38 percent from the previous week and 2 percent from the prior 4-week average.  Whole cattle hide exports of 399,900 pieces were … [Read more...] about U.S. Export Sales for Week Ending 5/28/2015

THE HIDE MARKET – JUNE 1, 2015  The fact that last week was Holiday shortened did not help sellers of U.S hides.  The volume of business booked was naturally lower as was expected due to the holiday week.  The reports from tanners in China continued to be negative to the hide market.  Ongoing reports of environmental problems that result in tanners being forced to suspend or reduce soaking numbers, still slow leather orders, and tight cash flow, are main issues restricting many of the Chinese … [Read more...] about The Hide Market Report – June 1, 2015

Hides and Skins:  Net sales of 389,600 pieces, all whole cattle hides, were reported for delivery in 2015, down 24 percent from the previous week and 6 percent from the prior 4-week average.  The primary destinations were China (264,800 pieces), South Korea (80,400 pieces), Mexico (26,700 pieces), Taiwan (10,100 pieces, including 1,300 pieces switched from China and decreases of 700 pieces), and Thailand (3,700 pieces).  Exports of 292,800 pieces were down 31 percent from the previous week and … [Read more...] about U.S. Export Sales for Week Ending 5/21/2015

Last week was another decent week for U.S. Steer hide suppliers.  They were able to sell what they had on their offer lists at no less than steady prices.  It seemed that a good deal of the sales were again to Korea whose tanners have been active buyers for a few weeks now.  Sales to China on the other hand have not been up to expectations as tanners there continue to battle numerous issues from environmental problems and reduced drop split values to tight credit and slow leather sales for … [Read more...] about The Hide Market Report – May 25, 2015

Hides and Skins:  Net sales of 512,500 pieces for 2015 were up 68 percent from the previous week and 25 percent from the prior 4-week average.  Whole cattle hide sales of 485,000 pieces were primarily for South Korea (248,300 pieces), China (169,700 pieces), Taiwan (29,100 pieces), Mexico (20,300 pieces), and Italy (8,600 pieces).  Exports of 423,000 pieces were up 3 percent from the previous week, but down 4 percent from the prior 4-week average.  Whole cattle hide exports of 419,300 pieces … [Read more...] about U.S. Export Sales for Week Ending 5/14/2015

U.S.A. Cattle hide and wet blue sales picked up considerably last week.  It appeared that a number of tanners, who had been sitting on the sidelines for some time, decided it was time they bought some raw material.  The sales prices on all of the Steer hide selections were, for the most part, unchanged.  With the volume of business that appeared to have been done on the Steer hide selections last week, packers and processors have strengthened their forward sold positions on these items.  We … [Read more...] about The Hide Market Report – May 18, 2015

Hides and Skins:  Net sales of 305,300 pieces for 2015, all whole cattle hides, were down 27 percent from the previous week and 23 percent from the prior 4-week average.  Increases were primarily for China (182,200 pieces), South Korea (82,000 pieces), Taiwan (16,000 pieces), Mexico (7,300 pieces), and Thailand (6,900 pieces).  Decreases were reported for the Netherlands (800 pieces).  Exports of 409,300 pieces were down 9 percent from the previous week and 8 percent from the prior 4-week … [Read more...] about U.S. Export Sales Report for Week Ending 5/7/2015