Chile operates with stability and watches tariff impact

Chile’s import prices moved without major fluctuations during the past week, with references of US$/t 5,850-6,000 CFR for the 19 cuts from Brazil and US$/t 6,100-6,200 from Paraguay. “The US tariff hike on Brazil is testing the market. If China stays cool, Brazil will be redirecting that beef to other markets, and Chile is one of them,” the source indicated.