Paraguay: Low beef supply and high demand continue to drive farm prices

Paraguay closes this week with a rise in the price of steers due to restricted supply and firm demand, after rising 10 cents to USD 3.60 kg/hook. It is the second most important increase registered in the region, behind Brazil (19 cents). According to the consultant's records, Paraguay has not approached USD 3.60 since the fourth week of February of this year, when on that occasion it closed with USD 3.65 due to the low supply due to the effect of the National anti-foot-and-mouth campaign. In Brazil, an increase of 19 cents was registered, since it reached USD 3.75. After four weeks with restrictions to send meat to China due to the impact of the mad cow, the price of the Brazilian steer reacted positively to the rehabilitation of exports. For its part, Uruguay closed the week with USD 4.14, a week-on-week increase of two ...