Silverside, Outside Topside, Inside Shank Cap of topside Eye round Shoulder Blade Shin Knuckle Flank Tenderloin Striploin Brisket Neck Chuck
Russian version Versão Portuguesa

FOB Mercosur China confirms its demand while the industry seeks higher returns.
April 13, 2018

Chinese market continues to show a firm demand, finding offers with sup erior prices to the ones importers are willing to pay, said to World Beef Report a regional trader..

Uruguayan industry is mostly sold off, and with an expectation of a decrease in the offer, it is logical higher prices will be asked for in an attempt to underpin prices of future sells, said another broker. Industry is asking US$ 5,300 for shin & shank, while bids from China are at US$ 5,100 CFR. Furthermore, the agent said he has offers for striploin between US$ 6,500 and US$ 6,700, but Chinese importers can get the same cut for US$ 6,000 CFR from Argentina. Anyway, settlements with Uruguayan regular clients are closed for chuck roll at US$ 4,500, brisket at US$ 4,900, neck at US$ 4,300, knuckle at US$ 5,100, outside flat at US$ 5,200, eye round at US$ 6,500, ribeye at US$ 7,100 and but at US$ 5,100.

By the other hand, a Brazilian broker informed that Hong Kong is firm for offal, while the last settlements for shin & shank were closed at US$ 4,300 CIF. This Tuesday meat packers were asking between US$ 4,350 and US$ 4,400, said the source.

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