Firm closures with Israel

Over the past two weeks, several kosher contracts were finalized with Argentina and Uruguay. Import sources reported prices for good-quality kosher forequarters from British crossbred steers in the US$/t 9,800–10,200 FOB range, while crossbreeds were quoted between US$/t 9,400–9,700. “Prices are hitting the limit of what’s negotiable,” a source said.

In Uruguay, regular grassfed kosher was quoted around US$/t 8,000, while premium lots fetched US$/t 8,500–8,700. Feedlot-finished regular quality was trading between US$/t 8,600–9,000 FOB. In Paraguay, contracts for frozen forequarters from grainfed males were reported between US$/t 7,200–7,500 FOB.