Paraguay: Less farm purchases and work delays influenced the drop in steer prices

Compared to the last week, the price of the Paraguayan steer registered a decrease of 10 cents, thus remaining at USD 3.40. The consultant points out that the delays in work due to holidays and delays in loading stocks that generated low buying pressure were the main reasons for this week-on-week decline. For its part, Argentina led the decline in dollars due to the acceleration of devaluation. The steer traded at USD 4.04, after a reduction of 11 cents, compared to last week. The Brazilian farm closes this week with USD 3.61 kg/carcass, a week-on-week drop of nine cents. The fall in the domestic price was barely offset by a revaluation of four cents in the exchange rate, indicated Valor Carne. ...