Fat cattle price fell 40 cents in Paraguay

Published 2023년 2월 23일

Tridge summary

Paraguay has seen a decrease of 40 cents per kilo in the export price of fat cattle following the confirmation of a mad cow case in Brazil and China's temporary withdrawal from the beef market. As a result, refrigeration companies have reduced their purchasing prices for male and heifers to US$3.20 per kilo, and cows to US$2.80 per kilo. This situation occurs amidst a favorable livestock scenario in Paraguay due to good rainfall, ample forage, and a lower supply of animals, which could potentially buffer producers from the effects of these market disruptions.

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

Original content

The price of fat cattle for export registered a drop of 40 cents per kilo carcass in Paraguay, after the confirmation of an atypical case of mad cow in Brazil and the temporary exit from the Chinese market. The refrigeration companies went out to buy animals for slaughter with references for males and heifers of US$3.20 per kilo for meat and US$2.80 for cows, according to the survey of Valor Agro. The new prices were known this Thursday, after the plants were out of purchase since Monday at noon waiting for the result in Brazil. Brazil represents more than 40% of the purchase of beef from China and before the temporary departure it must redirect merchandise to other destinations that may be common with Paraguay and would affect the purchase prices of the markets, as the President told Valor ...

Source: Elagro