October 12, 2021

Leather and Hide Weekly

 

leather_products

 

Industry Updates

  • LHCA's 2nd Annual Meeting and Convention will take place this week, October 14-15, 2021, in a hybrid format, with both a virtual component and in-person meeting at the Intercontinental Hotel in Chicago, Illinois.  The meeting program can be accessed here.
    • An exciting lineup of speakers includes Deborah Taylor, Sustainable Leather Foundation; Eva Barbara Bongard, Thomas Ross and Mike Rubinovitz, The Leather Hour; and Karl Flowers, Authenticae Ltd. 
    • Thank you to our generous sponsors who have made this event possible: Buckman, Cargill, Exeter Machine Co Inc., FPL Food, LLC, Hidenet, Hidexe, Hutchinson Salt Co., International Leather Maker, National Beef Packing Company, Norseman, Pod Logistics Inc., Sprint Forwarders Inc., TFL, Tyson Fresh Meats, Western Ag Enterprises and Wolverine Worldwide Leathers.

transitional_jacket

Latest Updates from Real Leather. Stay Different.

Few trends transcend seasons, ages and genders like a leather jacket. A biker, bomber or aviator made from durable leather is a transitional wardrobe staple that stands the test of time and is sure to earn you major style points. Here are a few of our top picks to upgrade your look in time for fall -- your future self, and wallet, will thank you. Get the latest news from Real Leather. Stay Different. here. And, don't forget to:

auto_leather

Leather News

Each week, we will share relevant leather news below. Some of the articles may cover our products, and the industry, unfavorably, but we still believe it is important to share the different ways in which leather is presented in the media. If you find articles that you would like to see included, please send them to mschumpp@meatinstitute.org.

devin_edwards

Monthly Trade Data

U.S. hides and skins August 2021 export data is now available. Get a summary of the data here.

  • Cured cattle hides exports 63 percent in volume and 69 percent in value compared to 2020. Download the data here.
  • Wet blue shipments increased 55 percent in volume and 56 percent in value. Vietnam was the largest buyer by value, totaling more than $81.2 million. 
  • Pig skin exports fell 2 percent in volume, but increased 9 percent in value compared to 2020. Download the data here. 

 

News

  • Members of Congress urged Federal Maritime Commission Chairman Daniel Maffei to address severe price gouging in shipping costs and the rise in anti-competitive business practices by large shipping alliances.
  • U.S. Trade Representative Katherine Tai met with her Chinese counterpart Liu He to discuss the U.S.-China trade relationship. A readout from their meeting is available here.
  • The House Agriculture Committee last week held a hearing to review the state of the U.S. livestock industry. More information is available here.

jackets_in_a_row

Weekly Hides and Skins Stats 

  • Net sales of cured cattle hides reported for the period ending September 30, 2021, were 568,800 pieces and net sales of wet blue were 166,500 pieces. Reported shipments of cured hides were 501,000 and of wet blue were 131,900. China was the largest buyer of cured hides and Italy was the largest destination for wet blue. See more. For historical data, click here. 
  • U.S. Cattle Slaughter was 657,000 last week, an increase of 3.1 percent from the previous week. Total cattle slaughter in 2021 is 25,628,000 head, up 3.3 percent from the same period in 2020. See more.
  • USDA AMS Major Packer Hide Price Report provided prices for seven types of hides at seven price points, with a spread of $17 for branded southwest cows to $51 for Native steers. See more.