The commercial scenario for breeders improves in Argentina: Cows are sold for more for China and the prices of cattle are recovering

In recent weeks, prices for cows destined for slaughter have improved sharply, which increases the income of breeders, who in turn reinvest profits in new cows. This week, the average price for cows in the Cañuelas Market was 1,350 pesos per live kilo. At the beginning of last month, the average value was 1,000 pesos. The improvement then reaches 35%. The price increase, according to the consignee Roberto Mondino, has to do with the fact that “it is beginning to be felt that there is a shortage of cows, because the examinations have ended and because of the Government's tax changes (in reference to the reduction of withholdings), to which is added that China is paying more for meat.” In July, the slaughter of cows was greater than in the previous month and the lack of rain had something to do with that. But due to the completion of the culling process of unproductive cows and the improvement of the weather, the supply has been shrinking. As Mondino said, the government also ...