The Number Of Cattle In The United States Is Decreasing, And The Price Of Real Leather Bags Will Continue To Rise.

"In the past few years

The market price has gone up terribly. "

Dungey, chairman of the Auburn leather products factory, said.

The price of leather purchased by her has risen 83% in the past two years, to $8.25 a foot.

"Such a rally is hard to deal with."

Auburn has to raise its product price by 10%, which is the highest price adjustment in the past 30 years.

Although cattle farms are for the supply of meat products, it is said that a cow's skin can make 11 pairs of leather boots, make 20 soccer balls or a leather seat cover.

This year, the number of cattle in the United States has reached its lowest level since 1951, which is closely related to the high cost of feeding and bad dry weather in the past few years.

Output fell, but the American people's consumption of leather goods and bags reached the highest level in 14 years.

This year, the price of American beef has reached the highest level in history, and the price of raw leather is also "unwilling to lag behind".

In November 8th, the price of heavy branded calf skin rose by 12% in the year to $122.3, becoming the highest price since 1998 when the government began recording benchmark prices.

Growth figures for global car and luxury sales have seen strong demand.

Wolverine World Wide Inc bought the leather worth about $300 million last year. The company believes that the price will continue to break the record.

According to the US Department of agriculture, the number of domestic cattle in the United States dropped to 87 million 700 thousand in January 1st this year, the lowest in the history of the calf number in 1949, down 1.8% from the previous year.

Jim rob, an agricultural expert at Denver livestock marketing information center, said that the slaughtering of live cattle will drop by 6.5% this year.

According to the US leather industry, about half of the original leather flows to the shoe making industry, and 30% is used for automotive interior and furniture. The remaining raw leather is used for making costumes and accessories.

According to IBISWorld, an industry research firm in Losangeles, it is estimated that US consumers will spend $21 billion 580 million on leather goods and bags in 2014 to reach the highest consumption data from 2000.

According to the analysis of raw leather market, experts say that because of the cost of making leather bags and shoes, 60% of the cost comes from leather raw materials, consumers may buy shoes and boots products made of canvas materials or artificial leather because of price reasons.