Spain: Cattle market is under great tension due to limited supply

Published 2024년 11월 2일

Tridge summary

The article reports a steady rise in beef carcasses' prices, reflecting a balanced market due to limited supply and strong demand at home and abroad. The lack of animal supply for fattening, attributed to bluetongue and farmers keeping animals on farm for fattening, is exacerbating the situation. Despite a decrease in domestic consumption, exports, particularly to third countries, remain robust. The current market is focused on short-term transactions due to the tight supply and challenges in meeting orders. Additionally, the article provides detailed price information for various beef categories at the Ebro Market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The upward trend in prices for beef carcasses continues for another week, but more moderately than in previous weeks, as a certain balance between supply and demand has been reached. The market continues with little supply of animals, not enough to cover the needs of consumption, which although at home has decreased, abroad continues to show strong demand. Sources in the sector indicate that there is a huge problem in some areas due to not being able to replace animals for fattening due to bluetongue and farmers are letting animals gain weight on farms, contributing to tense prices. Males are up and females and cows are repeating this week in beef carcasses at the Ebro Market. The supply of animals continues to be short, weights are falling, replacement is very difficult and it is increasingly difficult to meet orders, so all operations are done for the short term. Production is not expected to increase soon, according to these sources. If the offer is very tight, there are also ...
Source: Agropopular

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