Price of the Mercosur Steer dropped to US$ 3.09 for meat

Published 2024년 4월 4일

Tridge summary

The Mercosur Steer Index, which monitors the average steer price in the Mercosur region, reported a decrease in the last week, with the average price of steer dropping to US$3.09 per kilo carcass, marking a 2 cent decline. Brazil witnessed a more pronounced fall of 4 cents to US$2.76 per kg for meat, attributed to the real's depreciation against the dollar. Notably, prices in Campo Grande and Mato Grosso fell to US$2.80 and US$2.73, respectively. Meanwhile, Uruguay's special steer price remained unchanged at US$3.68, Argentina recorded a minor increase to US$3.73, and Paraguay saw a 10 cent reduction to US$3.10.

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

Original content

Faxcarne | The Mercosur Steer Index lost ground again during the last week. The average for the raw material in the region was US$3.09 per kilo carcass, 2 cents below the previous week. The average of Brazil's exporting states was US$2.76 per kg for meat, a drop of 4 cents on the dollar. Basically due to the depreciation of the real against the dollar, since the @ del boi gordo in the Brazilian currency remained mostly stable. In Campo Grande (MS) the value of the male for slaughter is US$2.80 per meat, a loss of 3 cents. While in Mato Grosso it fell 4 cents to US$ 2.73. ...

Source: Elagro