Cattle: moderate supply and fluctuating prices in the Cañuelas Agricultural Livestock Market
The Cañuelas Agricultural Livestock Market reported variable prices and selective demand for cattle, with an overall decrease in the General Index but a slight increase in the Beef Index.
This week at the Cañuelas Agricultural Livestock Market, 6,536 cattle were sold from 193 trucks, showing a moderate supply in a selective buying environment. Operators were supplied well, leading to a varied sales process where prices fluctuated according to the quality and need of each lot. The General Index saw a 3.75% decrease, falling from $3,790.905 to $3,648.718, while the Beef Index experienced a modest increase of 0.76%, rising from $4,328.293 to $4,361.253.
Specifically focusing on the sale of steers, which accounted for 13.06% of the total number sold with 847 heads, notable prices included $4,820 for a 452kg steer and $4,750 for a 469kg steer. The prices varied according to weight and quality, indicating the market's responsive nature to supply and demand dynamics. The premium prices for the better-quality cows reached $4,620 for a 438kg lot and also included notable prices for larger weights, showcasing a robust interest in higher quality livestock.
Lighter steers saw impressive price points as well, with the highest at $5,200 for a 328kg steer and consistently high prices for similar weight categories. Cattle prices fluctuating alongside the changing indices indicate continuous adjustment from market operators, reflecting both local livestock demand trends and broader economic factors impacting the agricultural sector.