US remains firm, but with “uncertainty”
Export market sources from Paraguay, Brazil, and Uruguay highlighted the firmness of the US beef import market. A Uruguayan industry source quoted deals for 90 CL forequarter at US$/t 5,300 FOB outside the quota, while in Paraguay they quoted US$/t 5,200 CFR for the same product. In Brazil, sources reported deals around US$/t 5,300-5,350 for a 95 CL outside the quota, along with sales of hindquarter cuts such as round.
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