Even with a very tight supply scenario from the region, chilled beef values in Europe are moving away from the highs reached in recent weeks. Import market sources reported references for non-Hilton deals from Argentina around US$/t 17,000–17,500, and US$ 16,000 FOB for Uruguay, values that under quota equate to about US$/t 23,000 and US$ 21,500, respectively. These values are about US$/t 1,000 below last week.
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