Clint Peck reminds us that cattle hides are still a valuable product, especially in high-volume packing plants. He says hides represent 15.5 percent of the per head byproduct credit. China, Italy and South Korea are the world’s largest importers of cattle hides and skins, accounting for 65 percent of global imports. Leather upholstery in auto production and other transportation sectors are driving factors in the leather goods market.
Source: BEEF, February 17, 2025. Link.
Twenty-five bucks is twenty-five bucks.” – Clint Peck