The price of steer continues to rise: Between the low supply, the value of the dollar and the competition from supermarkets and exporters, its price

Heavy steers are a category on the decline in Argentina, and their prices, for various reasons, are constantly rising: they already exceed $5 per kilo. “The market is strange,” said one consignor consulted by Bichos de Campo, who emphasized that there is considerable price variation. Another indicated: “Hilton steers are paid between $5,000 and $5,200 (per kilo), depending on quality and term. 481 steers are paid $105 more, between $5,200 and $5,400.” A major feedlot operator later noted that “operators have different attitudes, but we can talk about prices for steers, for the 481 quota, of a floor of $5,300 and a ceiling of $5,650. The highest prices are for brands with proven quality, volume, and 150 days of confinement. What is striking is that the supermarket market is just as strong.” Another consignee consulted indicated the same: "Supermarkets pay between 5,500 and 5,600 pesos (per kilo) for feedlot steers." The highest prices for steers closed in recent days were at $5.10 ...