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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…
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