August 31, 2021

Leather and Hide Weekly

 

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Industry Updates

  • LHCA will host its 2nd Annual Meeting and Convention October 14-15, 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  -- be sure to reserve your room as soon as possible to lock in this rate. 
    • 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, Exeter Machine Co Inc., Hidenet, Hutchinson Salt Co., International Leather Maker, Norseman, Pod Logistics Inc., TFL, Western Ag Enterprises and Wolverine Worldwide Leathers.

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Latest Updates from Real Leather. Stay Different.

Over the past few years, new clothes rental companies have emerged at a rapid pace, but is renting really more sustainable than buying clothes? The answer is quite nuanced, but one thing is clear: leather's durability makes it the perfect material, whether you choose to rent or buy. Read more here about why purchasing a staple leather item may just be the right decision for your wallet and the environment. Get the latest news from Real Leather. Stay Different. here. And, don't forget to:

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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.

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Other News

  • APHIS announced that it is preparing to establish a Foreign Animal Disease Protection Zone in Puerto Rico and the U.S. Virgin Islands, following the recent detection of African Swine Fever in the Dominican Republic, to safeguard the U.S. swine herd and ensure the industry's ability to export pork and pork products and live swine if ASF is detected in those locations. Read more.
  • The Biden Administration selected former Deputy Transportation Secretary John Porcari to serve as Port Envoy, a position that will address congestion and supply chain issues at U.S. ports. More here.
  • U.S. agriculture exports in fiscal year 2021 are projected to reach $173.5 billion, with hide and skins exports forecast up to $900 million. Read more.

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Weekly Hides and Skins Stats 

  • Net sales of cured cattle hides reported for the period ending August 19, 2021, were 229,600 pieces and net sales of wet blue were 121,200 pieces. Reported shipments of cured hides were 554,300 and of wet blue were 210,800. China was the largest buyer of cured hides and Vietnam was the largest buyer of wet blue. See more. For historical data, click here. 
  • U.S. Cattle Slaughter was 651,000 last week, a decrease of 2.1 percent from the previous week. Total cattle slaughter in 2021 is 21,839,000 head, up 4 percent from the same period in 2020. See more.
  • USDA AMS Major Packer Hide Price Report provided prices for four types of hides at four price points, with a spread of $20 for branded southwest cows to $34 for dairy cows. See more.