South American Hides Increase in Price

South American Hides Increase in Price

March 25

Weekly slaughter remains unchanged. With Memorial Day during the week, production will be four days.

The hide market continues to be very firm. There is very little supply of wet salted hides and the cattle supply is not abundant. 

Good quality Buenos Aires wet salted steers prices continue moving upwards from last week, now at about US$0.65 per kg.

Demand continues unchanged-low for footwear, very firm automobile.

March 18

Slaughter remains unwavering from last week.

Good quality Buenos Aires wet salted steers remain quoting upwards from last week, now at about US$0.55~0.60 per kg.

Demand continues unchanged.

The USDA projects a fall of 6% in Argentine beef exports for this year.

In a recently published report, the USDA forecasted shipments for 850…

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