Cattle: the upward trend in prices continues

Cattle prices continue to rise, with December starting with widespread increases across all categories and weights due to the scarcity of supply, which has worsened in these final weeks of the year due to the retention of animals in fattening pens. For their part, sources from the Ebro Market justify this trend due to the scarcity of animals for slaughter, but also due to active sales, although without strong demand. In this market, heifers are up 23% and steers up 21.5% compared to last year, surpassing any previous level. In the end, there is little meat and high prices, which makes it difficult for the industry to sell meat at these high prices, while production is in no hurry to slaughter, so there continues to be more demand than supply. Sales in Europe are more stagnant Current weather conditions favor the sale of meat for stews. Sales in Europe are more stagnant this week due to competition from meats from other European countries. However, it is worth noting the ...