Argentina

August 17

Slaughter stays unchanged from last week.
Last weekend’s primary elections brought confusion on all markets. Several various events took place, including a beef export prohibition which was removed a few hours later.
The reason behind the devaluation of the Argentinean Peso against the US Dollar remains unclear.
Given the devaluation of the Peso, good quality Buenos Aires wet salted heavy steer prices continue unchanged from prior weeks, at about US$0.49 per kg.
Demand is unchanged from last week.

Slaughter remains unchanged from last week.
Good quality Buenos Aires wet salted heavy steer prices are unchanged from prior weeks, quoting at about US$0.49 per kg.

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