Paraguayan steer accumulates 40 cents in three weeks

Published 2022년 11월 24일

Tridge summary

In the past seven days, the national steer price has seen a 15 cent increase, reaching USD 3.35, and an overall rise of 40 cents in the past three weeks. The price gap between Mercosur countries has been reduced to 6%, the lowest since 2017. Argentina's steer price remained at USD 3.56, compensated by a USD 6 increase in offers. Uruguay's price increased to USD 3.55, driven by more active demand. Brazil's steer price was USD 3.52, with a slight internal price increase that was offset by a devaluation.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the last seven days there was a rise of 15 cents in the price of the national steer, since it reached USD 3.35. In total, in the last three weeks the farm has been showing a strong recovery, since it already adds 40 cents. Valor Carne points out that after the latest behavior of the Mercosur steer, the maximum price gap between countries was reduced to 6%. The report clarifies that a difference of less than two digits has not been registered since 2017 in the region's squares. In Argentina, the price of the steer was USD 3.56, the same value as last week. The increase of $6 in the offers of the refrigerators compensated the weekly devaluation that maintained its rhythm of 6% per month, indicates the consultant. In the case of the Uruguayan farm, the price this week is USD 3.55, a week-on-week increase of nine cents. The consignees speak of a more active demand, if it is analyzed that in three weeks it recovered 20 cents from the floor reached, after having fallen USD ...
Source: Productivacm

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