Supply restriction keeps the price of local farms in Paraguay, Argentina, Brazil, and Uruguay stable
Frozen Bone-In Beef
Brazil
Published Mar 17, 2023
Tridge summary
This week there was stability in the price of the Paraguayan steer, as it remained at USD 3.40 kg/carcass. This condition is attributable to the lower market offer for vaccination work against foot-and-mouth disease and bovine brucellosis in the country, which runs until tomorrow.
As for the Argentine steer, there was a drop of eleven cents in one week, since it reached USD 4.41. Valor Carne mentions that to the drop of $10 in the offers of the refrigerators, we must add the weekly devaluation that remains below 6% per month.
In Brazil, the farm price added four cents in seven days (USD 3.57). This week there was an increase in the domestic price, which was barely offset by a minimal devaluation.
Finally, the Uruguayan treasury reached USD 4.07, after registering a rise of 12 cents. Shippers say the market remains firm.
Original content
This week there was stability in the price of the Paraguayan steer, as it remained at USD 3.40 kg/carcass. This condition is attributable to the lower market offer for vaccination work against foot-and-mouth disease and bovine brucellosis in the country, which runs until tomorrow. As for the Argentine steer, there was a drop of eleven cents in one week, since it reached USD 4.41. Valor Carne mentions that to the drop of $10 in the offers of the refrigerators, we must add the weekly devaluation that remains below 6% per month. In Brazil, the farm price added four cents in seven days (USD 3.57). This week there was an increase ...
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