Prices for the Hilton rump & loin set changed little over the past week, although the gap between Argentina and Uruguay narrowed considerably.
A European importer said that, with somewhat greater Argentine availability, business was concluded at around US$19,700-19,800/t FOB, while Uruguay, described as "lightly offered," traded at US$19,000-19,200/t FOB. Other Argentine sources said they were able to achieve up to US$20,000/t FOB.
Another European importer quoted Brazilian chilled tenderloins at US$20,000-21,000/t CFR, striploins at US$10,200/t CFR, and rib eyes at US$10,500/t CFR. For frozen beef, he reported eye rounds at US$7,600/t, topsides at US$8,700/t, and baby tops at US$8,500/t, all for July shipments to ensure arrival before September 3.
