Colombia: In October, the offer and price of cattle increased in Córdoba and Sucre

Published 2022년 11월 17일

Tridge summary

Trade indicators for live cattle in Colombia's departments of Córdoba and Sucre showed positive growth in October, as reported by the Observatory of Agricultural Prices and Costs of the Northwestern Colombian Caribbean Zone (OPCA). The price index, nominal price, and real price increased across most categories, and the auction offer also rose. The total supply of live cattle in the northern region of Colombia increased by 12.6% over 12 months, rebounding from a decline since June. The real price per kilo of cattle in Córdoba and Sucre recovered purchasing power in October, with the exception of male and female cattle from the east, due to the nominal price received by the producer increasing at a greater rate than the index price paid by the bovine cattle producer.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In October, the trade indicators for live cattle in the departments of Córdoba and Sucre registered a positive behavior once again. The price index, the nominal price and the real price increased (except in some categories), while the auction offer was higher. The bulletin of the Observatory of Agricultural Prices and Costs of the Northwestern Colombian Caribbean Zone (OPCA) revealed that all the indicators "returned to having positive signs", noting that the price grew as well as the offer of cattle at auction. Supply of live cattle in Córdoba and Sucre The entry to auctions of live cattle of first quality in October was 40,770 heads, higher by 17.6% than in September (34,653). Second class 14,514 were auctioned, up from 9,961 the previous month. (Read: Cattle prices in Córdoba and Sucre grew again in September) In the northern livestock region of Colombia, made up of the departments of Antioquia (Urabá, Caucasia and Medellín) and four departments of the Colombian Caribbean ...

Source: MXContexto