Steady Argentinean hide demand, heavy rains in Paraguay delay shipments

Steady Argentinean hide demand, heavy rains in Paraguay delay shipments

Argentina

April 18, 2024

Slaughter volumes and hide demand remain unchanged from the week prior.
Despite the strong pressure to drop green fresh hides to around Arg$20/kg (about US$0.02), good quality Buenos Aires wet salted heavy steers remained unchanged from last week at about US$0.65/kg.

April 11, 2024

In March, slaughter totaled 1.05 million head, which was up 1% from February but down 19% year on year.
Currently, rawhide supply is stable to last week, especially at frigorificos working for export. Frigorificos supplying for domestic consumption have seen a reduction. Green raw hides prices are quoting with a downward trend of about Arg$10~15/kg.
Good quality Buenos Aires wet salted heavy steers were unchanged from last week at about US$0.65/kg.

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