# Beef offal prices up but hides tumble | Farm Online | ACT

> Beef offal prices have firmed on stronger demand for lower-value red meat amid pandemic food insecurity, while hide and skin prices have slumped. With major tanneries in China and Italy shut, hide inventories are building in Australia, the US and Brazil with no clear market in sight.

- Date: 2020-04-15 · published 2020-04-15T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/53758-beef-offal-prices-up-but-hides-tumble-farm-online-act
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Hide values falling sharply lowers the byproduct return for cattle processors, while firm offal demand supports carcass value; the net effect is a modest offset to beef-side pressure rather than a direct feed price move.

## Read by commodity

- LCATTLE: neutral

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/6723363/beef-offal-prices-up-but-hides-tumble/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.