Price of local steer breaks the monotony and increases 10 cents on the dollar

Published 2024년 5월 16일

Tridge summary

The article reports a rise in the price of Paraguayan treasury bonds to USD 3.25, a increase of ten cents, due to Canada's authorization for beef exports and Mexico's approval of meat processing plants. Uruguayan steer price increased by six cents to USD 3.67, and Argentina's price rose to USD 3.81 due to a decrease in refrigerator offers and a drop in financial dollars. In contrast, Brazil experienced a drop in price, falling by four cents to USD 3.02 due to a local price decrease and a devaluation that increased the dollar from BRL 5.10 to 5.14.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

After five weeks of stability, the price of the Paraguayan treasury rose ten cents to reach USD 3.25. This increase is attributed to Canada's recent authorization to export national beef and the imminent opening of Mexico, which completed this week the audit of meat processing plants and livestock establishments in the country. This week there was also an increase in the price of the Uruguayan steer, which increased six cents (USD 3.67). The market is firm and there is agility in the entries, the consignors point out. With a rise of six cents in the week, Argentina registered a value of USD 3.81. A small increase in the offers of refrigerators, around $40, and a drop in the valuation of financial ...
Source: Productivacm

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