Colombia: Cattle price and supply drop in Córdoba and Sucre in November

Published 2022년 12월 7일

Tridge summary

In November, the cattle trade indicators in Córdoba and Sucre, Colombia, saw a general decline, with both the offer and prices at fairs and auctions falling, particularly for male fattened cattle. Despite this, the price index received by producers and marketers slightly increased by 7.8%. The nominal and real price per kilo also decreased for all categories of animals, with the exception of fattened male cattle in Córdoba and Sucre, which saw a slight increase. The real price cycle of fattened male cattle in the northern livestock region is continuing to decline.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Almost all the cattle trade indicators in Córdoba and Sucre fell in November, both prices and the offer at fairs and auctions. For analysts, the phase of decline in the real price of male fattened cattle continued to accentuate in November. According to the Observatory of Agricultural Prices and Costs of the Northwestern Colombian Caribbean Zone (OPCA), in November the price index received by the producer in all categories, except for male fattening, deteriorated, while the nominal and real price for kilo were reduced. On the other hand, although the offer entered at auctions and fairs was lower, it continues to grow compared to the same month of 2021. In the northern cattle-raising region of Colombia, this indicator had the same signal. This was the behavior of the cattle trade in the penultimate month. Supply of live cattle in Córdoba and Sucre The supply of cattle at auctions of live cattle, male and female, of first quality, was 40,300 heads in November, 1.5% less than that ...
Source: MXContexto

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