USDA cuts 2002 hides and skins export forecast

04/09/2002
The United States Department of Agriculture (USDA) has slightly reduced its hides and skins export forecast for the full year 2002, from May’s figure of $1.9 billion to $1.8 billion. Cited for the adjustment is the relatively high price of the US product. The USDA hides and skins projection for 2003 remains unchanged at $1.8 billion. The forecast for all agricultural exports in 2003 is $57.5 billion, $4 billion more than 2002.