Tighter supply boosts the Hilton market

Prices for Hilton rump & loin cuts strengthened last week in a context of tighter regional supply. Although demand is “not booming,” the strength of the euro against the dollar continues to play in favor, an industry source highlighted.

Argentine market sources reported deals in the range of US$/t 17,000-17,000 FOB last week. Meanwhile, sources from Uruguay reported prices in the range of US$/t 15,900-16,000 FOB.