Argentina: There will continue to be a lack of steers, meat production will fall this year, next year, and also in 2026

Published 2024년 6월 11일

Tridge summary

The article discusses the future of meat production in Argentina, with a focus on the cow stock and breeding rates. It is expected that the pregnancy rates will improve from the drop experienced last year, leading to a lower number of calves in 2024 and 2025. Despite this, cow slaughter remains high, and the slaughter rate is above the desired equilibrium rate. The stock of dairy cows in Argentina has also decreased significantly over the years. Additionally, the article looks at the historical prices of consumer steers and wintering calves in Argentina, showing that while they are currently around the average for the past, they are still below the maximum recorded prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Weaning in 2024 will be lower than the record in 2023, so the lower supply expected for 2025 could be extended for another year. As expected, the first results of the tests corresponding to the 2023 service (calving 2024) are revealing higher percentages than those of the previous year, when the spring/summer dry season determined drops of 5 to 10% in pregnancy, according to the zones. With these first indications we could affirm that by 2024 pregnancy will recover from the drop experienced last year (530 thousand fewer calves), but it must be remembered that the cow stock in 2023 has fallen by 600 thousand bellies, so the indices breeding rates have improved, but on a stock of cows exposed to service lower than in 2022. A higher pregnancy and a lower number of cows would determine a 2024 calving/2025 weaning close to 15 million calves, still below the record of 15.5 million in 2023. It should also be noted that cow slaughter, although so far this year it has fallen compared to ...

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