May 28

Argentina remains the second largest beef supplier for China.

Chinese beef imports from Argentina continue to be strong in April. Although they were lower than in March, a year-on-year rise of 27% was registered, which projects almost 3 million tons of carcass equivalent for the year. Argentina placed 35,000 tons at an average price of US$4,700. 

Leather market continues to be similar to last week.

Some frigorificos tried unsuccessfully to start charging for fresh hides since there is no demand for those and a lot of supply. Therefore, price of fresh raw hides continues to be zero.

Many frigorificos are salting their hides, waiting for a reactivation, which hasn’t…