Mercosur: A sharp jump in steer prices in Argentina due to the change of government

In a context of low supply pending the measures that will be known as of Sunday, the value in dollars rose 37 cents due to an increase in payments in pesos and a decline in the exchange rate. There were also increases in the rest of the countries in the region, of between five and eight cents. Since last week, the dollar prices of the steer in the different Mercosur countries had the following behavior. Argentina: the weighed and traced steer is paid USD3.86, in the export dollar and with rights, with a sharp increase of 37 cents in the week, due to the higher price in pesos (about $150) and a drop in the exchange rate of financial dollars, which make up half of exporters' income. The supply is very reduced, with the majority of producers wanting to wait to see what happens when the new government starts. Almost no company had managed to close purchases for Monday's work. It is the second weekly increase since the conditions for the export exchange rate changed, accumulating more ...