Maximum since the end of May for the Novillo Mercosur

Published 2024년 8월 1일

Tridge summary

The average price of steers in the Mercosur region increased by 3 cents to a high since May, reaching US$3.05 per kilo carcass. Despite an increase in Brazil's fat boi prices, the average value in its main exporting states remained stable at US$2.51 per kilo. Paraguay saw a price drop to US$3.10 per kilo carcass of males to slaughter. In Argentina, prices rose Ar$ 100 for the fourth week in a row, with the exchange rate also appreciating 0.7%. Uruguay's special steers supply is limited and their price remains at US$ 3.95 per kilo carcass.

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Original content

Faxcarne | The average value of the steer in the region increased 3 cents in the week and reached the highest level since the end of May, two months ago. The Mercosur Steer Index stood at US$3.05 per kilo carcass, with increases in references in Argentina. In Brazil, fat boi prices rose for the fifth consecutive week in reais, but that was offset by the 0.5% drop in the exchange rate. The average value in the main exporting states remained stable at US$ 2.51 per kilo Case. Paraguay was the only country in the region where prices adjusted downwards, with a drop of 5 cents to US$3.10 per kilo carcass of males to slaughter. In Argentina, prices rose Ar$ 100 again, accumulating four consecutive weeks of recovery. In addition, the exchange rate appreciated 0.7%, which boosted the rise in dollars. The special export steer rose ...

Source: Elagro