No surprises with Hilton; deals closed for quota 481

For a Uruguayan processor, prices for rump & loin Hilton cuts remained stable last week at around US$/t 16,000. Meanwhile, a trader reported deals for Argentina in a range of US$/t 17,100–17,200 FOB last week. Another processor mentioned a broader range of US$/t 16,800–17,300. Deals were also closed for rib eye from Argentina at US$/t 18,000 FOB, a product in slightly higher demand than the rest of the rump & loin set.