Uruguay: Good Week for Meat

The attitude of Chinese importers was different from the beginning of the week. Since Monday, the pace of inquiries and offer requests "moved quite a bit" and "accelerated even more" afterwards, a regional trader assured. This allowed some deals to be closed at prices slightly above the previous week, when importers were showing a much more reluctant attitude towards doing business. In the case of the United States, currently the main destination for Uruguayan meat, the pause that occurred after the generalized tariffs imposed by the Trump administration seems to be beginning to make way for a more purchasing attitude from importers. Since April, they had been reluctant to close deals, surely taking into account the back-and-forth of the White House regarding its tariff policy. They opted to use stocks, but these seem to have begun to run low and demand is seeing the need to return to the market. Additionally, prices for the entire US meat complex continue to be sky-high and ...