April 30
No news since last week. The situation in Argentina is looking meek. Fresh hides remain at Arg. $0., so they are neither salted or thrown away. Most frigorificos have their frigo-beef facilities already full.
Lower slaughter accompanies a lesser domestic consumption.
The few Buenos Aires wet salted heavy steers quoted, continue at about US$0.07 per kg.
Many tanneries with serious difficulties are continuing to operate.
There are fewer orders than usually at this time. Also there has been a lot of uncertainty about when clients will start buying again.
Argentina beef exports in March totaled 59,000 tons of carcass equivalent (TEC) which is…
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