August 27
The market remains quiet. Slaughter continues at full pace.
There are many hides offered, both raw fresh and raw wet salted, but the raw fresh continue to be delivered at zero pesos.
Most tanneries continue to work at minimal capacity, some at 20-30% and others a little more.
Prices of semi and finished leather continue to be depressed. About 800,000 raw wet salted hides were exported while the export rate exception continues.
Good quality Buenos Aires wet salted heavy steers prices continue unchanged, quoting around US$0.04 per kg.
Recovery is not noticeable for now.
Some believe that from…
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