Canned cows in Argentina: August had outstanding values in the Liniers Market

Published 2021년 9월 18일

Tridge summary

In August, the Liniers Market saw a notable recovery in animal prices, with the average farm price rising 4.1% to $146.8 per live kilo, reaching levels similar to the first half of 2021. Canned cows experienced the most significant value increase, with prices rising by 8.1%, especially for preserved good cows which saw a 10.1% increase. Overall, the beef meat processing industry experienced a 8.0% increase in slaughtering activities in August compared to July, but a 4.1% decrease compared to the same period last year. Beef production in August was 262,600 tons, an 8.4% increase from July but a 3.3% decrease from August of the previous year. The average weight of cattle slaughtered also saw a slight increase.

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

Original content

During August, the average price of the animals traded in the Liniers Market recovered all the fall observed in July, and although the rise was generalized, the rebound in the prices of canned cows stood out. Between July and August, the average farm price rose 4.1% and stood at $ 146.8 per live kilo, a value similar to the average for February-June 2021. In this sense, the Chamber of Industry and Commerce of Meat and Derivatives of Argentina (Ciccra), in its monthly report, highlighted that canned cows were the ones that recovered the most value in the last month, with an average rise of 8, 1%. In particular, preserved good cows had a monthly price increase of 10.1%, and the lower ones an increase of 16.2%. Then the bulls were located, with a rise of 3.7% per month, the EYM and steers, with increases of 1.5% per month, and the young bulls with 1.1%. In the case of heifers, the average price fell very slightly (-0.2% monthly). The beef meat processing industry slaughtered a total ...

Source: ARabc