The International Market

Argentina (July 9)

• Wet salted Steer hide prices dropped US$0.03 per kg more this week.
• Slaughter is sustained at good levels.
• The weekly supply of hides continues to exceed demand.
• A significant amount of light hides still cannot find buyers due to a clear lack of business in the footwear segment.
• The trend of falling prices seems set to continue.

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