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U.S. red meat production slowing

The National Agricultural Statistics Service (NASS), Agricultural Statistics Board, United States Department of Agriculture (USDA), has reported commercial red meat production fell by 7% in December compared with the same period in 2021.


Portuguese footwear and leather goods exports rebound

In the first ten months of 2021, Portugal exported 58 million pairs of shoes, worth €1.41 billion (US$1.6 billion), which reflects an increase of 9% on a comparable basis to the previous year.

Europe remains the main destination for Portuguese footwear exports. 


Pecca more than doubles net profit for 2021

The Malaysian automotive leather seat manufacturer closed its 2021 financial year with a net profit of RM19.23 million (US$4.65 million), more than twice the result from the previous financial year.