The Chilean market outlook remains complex

Spot beef imports in Chile continue with little fluctuation, at around US$/t 5,900-6,000 CFR for the 19 cuts from Brazil and US$/t 6,200-6,300 from Paraguay. An importer told WBR that the Chilean domestic market has yet to rebound, with January and February 2025 “worse” than last year. “There’s a lot of money circulating among insolvent clients, or those paying with huge delays,” he warned.