Rains favor the reactivation of the market and improve cattle business prospects in Paraguay

The widespread rains in spring and the signs of recovery in the international meat market are reactivating the cattle business with upward corrections in the prices of finished and replacement fat ranches. The president of the Association of Brangus Breeders of Paraguay, Miguel Reinau, commented to Valor Agro that the better weather conditions are having a positive impact on the fields and the animals, where the producer begins to take a better commercial position. "This situation has made the price of cattle begin to improve," he said. Currently, the fat export herds market marked a price rise in the last week of 30 cents per kilo carcass, reaching US$3.10 for males and heifers, and US$2.70 for cows. Reinau also recognized the firm position of the unions in the face of the drop in the values of fat cattle, and considered that "the livestock business has to be fair so that the producer receives the corresponding price and can continue investing in the development of livestock" . ...