Lower prices for chilled Hilton cuts

Another weak week for Hilton rump & loin cuts in Europe. Import market sources reported Argentina deals last week in the US$/t 16,800-17,300 FOB range. Some operators quoted US$/t 17,000, while others saw broader ranges with floors around US$/t 16,500. For Hilton round cuts, sources quoted US$/t 7,200 FOB. Other Argentine market players reported rib eye at US$/t 21,000, striploin at US$/t 15,000, and tenderloin side strapp off at US$/t 28,000 FOB. In Uruguay, a buyer quoted Hilton cuts last week at US$/t 16,200 FOB.