August 17, 2021
Leather and Hide Weekly
Industry Updates
- LHCA will host its 2nd Annual Meeting and Convention October 13-15, 2021, in a hybrid format, with both a virtual component and in-person meeting at the Intercontinental Hotel in Chicago, Illinois. To register to attend the meeting either in person or virtually, click here. Hotel reservations can be made here at the special LHCA group rate of $199 per night. Companies interested in sponsoring the event or providing an advertisement for the meeting program should contact Michael Schumpp. Thank you to our current sponsors: Buckman, Cargill, Hidenet, Hutchinson Salt Co., International Leather Maker, Norseman, Pod Logistics Inc., Western Ag Enterprises and Wolverine Worldwide Leathers.
- The U.S. cattle industry recently announced it is committed to demonstrating climate neutrality of U.S. cattle production by 2040, among other key sustainability goals. Read more.
Latest Updates from Real Leather. Stay Different.
Follow super-stylist Mike Adler's journey to high-end leather label Florence Moon, a company that produces some of the best leather accessories anywhere in the world. Check out the video here. Get the latest news from Real Leather. Stay Different. here. And, don't forget to:
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.
- Sustainable sneakers are shaking up the footwear market - Fashion United
- Leather interiors are the responsible choice - Automotive News
- Is 'vegan' leather really better for the planet? - Popular Science
- US firm Steve Madden moves production to Mexico and Brazil from China - Fiber2Fashion
- What is cell agriculture? - Innovators Magazine
Other News
- Reps. Garamendi (D-CA) and Johnson (R-SD) last week introduced the Ocean Shipping Reform Act of 2021, which, if passed, would address many U.S. agriculture sector concerns regarding unreasonable ocean carrier practices. LHCA played a key role in pushing for this legislation.
- APHIS is amending the animal and animal product import regulations in order to reflect the UK's exit from the European Union. More here.
Monthly Drought Monitor - August 2021
Monsoonal moisture was squelched this week, in contrast to the heavy rainfall that had been pelting the southern Rockies and – to a lesser extent – much of the interior West. Totals between 1 and 2 inches were limited to a few patches in southeastern Arizona, central and south-central New Mexico, and scattered higher elevations in central Colorado and central Montana. More here.
Weekly Hides and Skins Stats
- Net sales of cured cattle hides reported for the period ending August 5, 2021, were 328,400 pieces and net sales of wet blue were 135,700 pieces. Reported shipments of cured hides were 416,800 and of wet blue were 161,700. China was the largest buyer of both cured hides and wet blue. See more. For historical data, click here.
- U.S. Cattle Slaughter was 639,000 last week, a decrease of 0.3 percent from the previous week. Total cattle slaughter in 2021 is 20,522,000 head, up 4.2 percent from the same period in 2020. See more.
- USDA AMS Major Packer Hide Price Report provided prices for six types of hides at six price points, with a spread of $22 for branded southwest cows to $58 for butt branded steers. See more.
- The USDA price report is a snapshot of the market. For real time hide market prices, please consult our friends at Hidenet, The Jacobsen, The Maxfield Report, or The Sauer Report.