Chile in the market, but bids and offers remain far apart

An intermediary said the Chilean market is experiencing commercial tension. “They’re looking for cheaper options, but beef is expensive everywhere,” he summarized. Brazil is positioned in a range of US$/t 6,500–6,800 for 19/20-cut sets, while Paraguay is trading between US$/t 7,000 and US$/t 7,250 CFR, depending on the integration (17, 18 or 20 cuts).