Beef Demand From Uruguay Slowed Down During W48 Due to Zero-COVID Policy

Mondo

The zero COVID-19 policy had serious consequences for the sale of Uruguayan meat through the usual channels,

The zero COVID-19 policy had serious consequences for the sale of Uruguayan meat through the usual channels, which in many cases are closed due to lockdowns. This generated uncertainty and affected the prices that importers who try to minimize risks are willing to pay. During W48, prices stood at:
Bone-in cow quarters was USD 3.6K/ton CFR PRC
Cow in 6 cuts was USD 4.2-4.5K/ton CFR
Shin and shank was USD 5.8-6K/ton CFR
Robbed forequarter was USD 4K/ton
Knuckle and flat was between USD 4.8-5K/ton
Eye round was USD 5.8K/ton.