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Britain's disease-depleted cattle are causing headaches for luxury carmakers that rely on the United Kingdom's carefully managed herds for prime, interior-grade leather.
``Some selections have jumped as much as 50 percent over a year ago,'' said Charles Myers, president of Leather Industries of America, a Washington, D.C.-based trade group. ``Just the perception of a shortage is causing a problem.''
Outbreaks of mad cow disease led to the slaughter of many animals, but hides could still be treated and used. The more recent hoof-and-mouth epidemic meant herds were not only slaughtered but also burned, destroying their precious hides with them.
Myers said the hoof-and-mouth outbreak was more damaging to supply in the short run. But a gloomy
future looms if mad cow fears lead to a drop in beef consumption in Europe-and a corresponding drop in cattle production.
Losses on the supply side come at a time when demand for leather is at an all-time high, for everything from
automotive interiors to living room sofas to clothing and accessories. Overall leather supplies worldwide are sufficient, but lower grade leather suitable for many consumer products isn't up to the demands of automotive ...