The sheep meat market had a challenging week, with weak demand from both China and MENA countries, an operator said. “Everything is stalled, practically no movement,” he added. High raw material costs in Uruguay make business difficult. “For lamb, where calculations are clearer, if live animals cost US$/kg 5.50, the delivered price is around US$/kg 5.60–5.70, while carcasses sell for US$/t 6,200. Add ocean freight, port transport, and processing costs, and the math doesn’t work,” the source explained.
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