No change in Chile’s import market

Chile’s imported beef market remained unchanged pricewise over the past week. One source quoted references of US$/t 5,800-5,900 CFR for the 19-cut selection from Brazil, while Paraguay was around US$/t 6,100-6,200 for May shipments. “We still have a lot of insolvency and payment issues. The market hasn’t responded as expected in March, and now we’re waiting for Easter,” he commented.