Third week of steer price stability for the Paraguayan treasury

Published 2023년 11월 9일

Tridge summary

This week, Paraguay maintained a stable price for its steer at USD 3.30 kg/carcass, which is the same as three weeks ago and represents the second best price in the region. Argentina saw a gain of five cents on the dollar, resulting in the highest price in the region. Brazil experienced a minor increase of one cent, while Uruguay suffered a loss of three cents, with the market showing fluctuation in values.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Paraguay had no changes this week in the price of the steer, since it registered USD 3.30 kg/carcass. It is the same value as three weeks ago, which represents a certain stability and the second best price in the region, indicates the consulting firm. Until the previous week, the stable price of Paraguayan cattle was motivated by business with Chile that attracts demand, as well as the absence of Israeli equipment for kosher slaughter. For its part, Argentina gained five cents on the dollar due to the improvement in pesos and the stability of the exchange rate (USD 3.72). It represents the highest price in the region and the largest increase of the week. Brazil rose one cent to close at USD 3.20. The small drop in reais was a little more than neutralized by the ...
Source: Productivacm

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