Slight decline for the Novillo Mercosur

Published 2024년 7월 25일

Tridge summary

The Mercosur Steer price dropped to US$ 3.02 per kilo carcass, influenced by the weakening Brazilian real, despite a price rise in Argentina. In Brazil, the fat boi price increased in local currency but fell to US$ 2.51 per kilo carcass in dollars. Argentina's price rose to US$ 3.98 per kilo carcass due to higher export steer prices. Uruguay's price remained stable at US$ 3.95 per kilo due to limited pasture animal supply, while Paraguay saw an increase to US$ 3.15 per kilo due to limited supply.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Fax Meat| The weakness of the real once again impacted the average value of slaughtered cattle in the region. The Mercosur Steer fell 2 cents in the week to US$ 3.02 per kilo carcass, with declines in Brazil partially offset by a new rise in Argentina. In Brazil, the average price of fat boi continues to rise in reais, but the 3% drop in the value of the Brazilian currency caused the average value expressed in dollars to fall by 5 cents to US$ 2.51 per kilo carcass. In Argentina, the rise in the price of export steers exceeded the loss in value of the currency (1.5%), so the price increased 5 cents to US$3.98 per kilo carcass, including the 9% tax. to the export of beef. In Uruguay, the industry's intention to lower purchase ...
Source: Elagro

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