Raw materials
Heavy Texas Steers saw firming prices, with 64/66lbs selling for around $24.00, up from last month’s trend of $21.00. This price increase reflects a positive shift in demand. Colorado Branded Steers also showed some recovery, with 62/64lbs selling for $20.50, indicating a growing interest in this category after a period of subdued activity. This recovery, though modest, suggests that buyers are regaining confidence in the market, albeit cautiously.
Heavy Native Steers maintained stability, continuing to sell within the range of $27.00 to $28.00 for 62/64lbs. This consistent pricing underscores the segment’s resilience, as it has managed to hold steady despite broader market
USDA export sales 1,250,000 – 1,000,000 – 750,000 – 500,000 – 250,000 – 0 – 0 10
20304050 Weeks
Leather International /
www.leathermag.com 27
2024 2023 2022
View from the US J
By Hidenet
uly continued the trend of cautious optimism seen in June, with some sectors showing slight improvement while others remained stable.
fluctuations. The stability in this category has shown a steady demand for higher-quality hides, which are often used in premium products that tend to be less sensitive to price changes. Branded Heifers remained steady at $17.50 for 48/50lbs, while Heavy Native Heifers sold for $22.00. However, the market for Plump Cows showed no significant movement, continuing to struggle with weak demand. The market overall remains sensitive to fluctuations in buyer behaviour, with some segments showing resilience while others face ongoing challenges. As the market continues to navigate these mixed signals, industry stakeholders are likely to remain cautious, closely monitoring trends and adjusting their strategies to align with the evolving landscape. The gradual improvements seen in some areas offer a glimmer of hope, but the overall market
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