The rise of the steer in Argentina overshadowed any other market

It increased no less than 60 cents in a week. In one month it has accumulated a 22% rise in that currency, exceeding the weighted average of its neighbors by 17%. The prices of the export type steer in the block squares and their behavior since last week are reported. Argentina: the heavy and traced steer is trading at USD4.32, no less than 60 cents more than in the previous week. In this way, it maintains its situation as the most expensive regional steer but considerably more extensive. In four weeks, it accumulates an increase of 28% in pesos (22% in dollars), still far from the 38% that increased the consumption steer, so subsequent increases must not be ruled out. Brazil: the fat steer is paid USD3.81, fourteen cents more than seven days ago. An appreciation of the category in reais and a revaluation of the currency against the dollar had an almost equal influence, going from 5.18 to 5.09. Exports in January accumulated 160 thousand t, 16% more year-on-year. They also managed ...