1/22/2024 0 Comments Leather hides for saleCalves born during the first half of 2023 are estimated at 24.8 million head, down 2% from the first half of 2022. The 2023 calf crop in the US is expected to be 33.8 million head, down 2% from last year. The total of calves under 500lb and other heifers and steers over 500lb (outside of feedlots), at 34.4 million head, down 4% from the 35.7 million head on 1 July 2022. Cattle on feed in feedlots with capacity of 1,000 or more head accounted for 85.5% of the total cattle on feed on 1 July 2023, up slightly from the previous year. Milk cows, at 9.40 million head, were unchanged from the previous year.Ĭattle and calves on feed for the slaughter market in the US for all feedlots totalled 13.1 million head on 1 July 2023, down 2% from the previous year. Beef cows, at 29.4 million head, down 3% from a year ago. This is 10% higher than the June average but 17% lower than in July 2022Īll cattle and calves in the US on 1 July 2023 totalled 95.9 million head, 3% below the 98.6 million head on 1 July 2022.Īll cows and heifers that have calved totalled 38.8 million head, 2% below the 39.6 million head on 1 July 2022. The month’s average wet-blue shipments were 117,650. Weekly wet-blue sales averaged 132,900 in July, up by 14% from the June average and 38% higher than in July 2022. With regard to rawhide shipments, they averaged 398,625 in July, down just 1% from June but incrementally higher than the same month last year. Compared with July 2022, the figure is 15% higher. In July, weekly rawhide sales averaged 396,150, 5% lower than the June average. In the cow market, interest was healthy enough to keep prices relatively steady however, any price improvements were hard-won and incremental. Heavy native steers, which were in short supply, saw prices go up by as much as $4.00 to a high of $37.00 for seasonal weights. Hide selections for the automotive sector saw the most interest as production had ramped up and buyers were actively purchasing. Colorados also saw prices rise, with 62/64lb selections selling for as much as $26.00 at the start of August. The price of heavy Texas steers firmed, with seasonal weights hitting a high of $27.00, a couple of dollars better than our last report. By the first week of August, however, customers were seriously pushing back against rising hide prices. While demand was still not up to par in most segments, packers were well-positioned enough to hold out for higher levels. After weeks of stagnant prices and what sources called a “boring” market, US hide sellers managed to start pushing steers a little higher at the end of July.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |