No recovery for US wet blue exports
22/11/2016
This pattern of falls in volume and value has been in place for the whole of 2016, when US cattle slaughter figures have been around 10% higher than in 2015.
Where exports of fresh and wet salted hides are concerned, the pattern has been a decline in value, but a rise in volume, and this too is repeated in the January-September figures, just published by the US Hides Skins and Leather Association (USHSLSA).
In the first nine months of 2016, traders and packers shipped more than 15.6 million fresh and wet salted hides for tanners overseas to process, an increase of 9% compared to the figure for the same months in 2015.
However, the higher volume of hides this year brought in lower revenues, just over $1 billion, 13% down on a year ago.
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