Paraguay: Restricted supply of steer keeps the price up

Published 2023년 2월 17일

Tridge summary

Regional prices for ranch products have increased due to limited supply caused by the first stage of vaccination against foot-and-mouth disease and bovine brucellosis, according to the Valor Carne report. In Paraguay, the price per kg of carcass rose by five cents to USD 3.60, driven by this supply constraint rather than international price factors. Argentina, Argentina, Argentina saw a steady rise in steer prices, accumulating a one dollar increase over the month, while Uruguay's farm was quoted at USD 3.55, reflecting a positive market trend. Brazil's price increased to USD 3.84, but the local increase of nearly 3% was mitigated by a devaluation of the real.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

At the end of this week, the regional prices of the ranch increased in general, according to the Valor Carne report. In the case of Paraguay, there was a weekly increase of five cents to reach USD 3.60 kg/carcass, which supports the upward trend in local prices. As mentioned by the consultant, Randy Ross, president of the Paraguayan Chamber of Meats (CPC), had commented last week to Productiva Radio that this situation is due to the restricted supply in the framework of the first stage of vaccination against foot-and-mouth disease. and bovine brucellosis, which runs until March 3 of this year. Likewise, Ross clarified that the upward trend in prices is not influenced by international price factors, which remain the same, compared to previous periods. Continuing with the data from Valor Carne, in Argentina the price of the steer was USD 4.58, after a rise of seven cents. It is the fourth week of marked jumps in its value, preceded by increases of 15, 60 and 20 cents, in ...
Source: Productivacm

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