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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 Condon2025年5月20日在过去 65 次中性的贸易事件之后，活牛 在 5 个交易日内中位数变动 +0.3%（57% 上涨；中间一半区间为 -0.5% 至 +1.4%），20 个交易日内为 +2.5%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
