Argentina

October 26

Slaughter continues to decline. Many beef processing plants are operating between 20-40 percent less than full capacity. Some locations have suspended operations for one to two weeks to take an opportunity to give staff vacations and do maintenance.
As a consequence, good quality Buenos Aires wet salted heavy steer prices has maintained their value in dollars, following the trend of the US Dollar.
Good quality Buenos Aires wet salted heavy steer prices remain quoting at about US$0.69 per kg.
Tanneries are actively bidding in the market.
Demand and prices for wet blue and semi-finished leather remains stable.

Limited available hides to offer.

…