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Australian hide values have fallen sharply, with April MLA data showing declines of 28% to 61% year on year. Tariffs on leather products entering the US from China are hurting demand, while some offal prices have held up.
Weak hide demand reflects US-China tariff disruption in the cattle co-product chain, but it has little direct bearing on feed grain or meal prices.
beefcentral.comJon CondonMay 20, 2025After 65 past neutral trade events, Live Cattle moved a median +0.3% over 5 sessions (57% higher; middle half -0.5% to +1.4%), and +2.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
