Argentina

January 11

Many companies remain closed for holiday vacations, including tanneries and frigorificos. During the closure, companies are performing annual maintenance and are waiting on the governments’ new economic plans.
Prices remain stable with last week.
Good quality Buenos Aires wet salted heavy steers continue trading at about US$0.70 per kg.

Last week, wet salted hide prices rose 3 cents per kg.
Good quality Buenos Aires wet salted heavy steers traded about US$0.70 per kg.
Many companies are closed for vacations during the holiday season, including tanneries and frigorificos. The closure allows for the tanneries and frigorificos to perform annual maintenance and wait for the new government to give a clearer direction on economic measures in 2024.