Brazil’s domestic market continues to show strong demand for certain premium cuts, particularly picanha. A Paraguayan exporter said Brazil is paying around US$/t 10,000 for A-grade picanha, reflecting the strength of domestic consumption and the difficulty of sourcing certain cuts.
From Uruguay, an exporter reported sales of grass-fed picanha at US$/t 14,000 FOB, levels that continue to stand out within the regional market.
Meanwhile, the Caribbean is emerging as an attractive alternative market for manufacturing beef. According to the source, 90 CL block beef is trading at around US$/t 6,400 FOB, a level higher than what US buyers are currently willing to pay.
