Feb 24 • 18:37 UTC 🇦🇷 Argentina Clarin (ES)

After the increase, cattle values remained stable in the first round of the week

Cattle prices exhibited stability this week following significant fluctuations, with variations based on category and payment terms.

This week in Cañuelas, Argentina, cattle prices remained stable after a week of substantial increases that are predicted to eventually impact retail meat prices. Variations in pricing were observed depending on categories and payment terms, showing firmness amidst fluctuations in demand and supply. Market analysts indicated that the cut cow and lightweight cattle exhibited stable margins, while consumer demand aligned with previous week's references, signaling a degree of confidence among buyers.

The livestock market saw a significant turnout, with 8,682 animals entering the MAG of Cañuelas. Prices per kilogram varied, with lightweight steers reaching a maximum of 5,200 pesos, while lighter calves and heifers fetched even higher prices. This pricing trend indicates a healthy market environment despite previous volatility, as buyers demonstrated increased willingness to purchase.

Analysts agree that the current context of cattle scarcity for domestic consumption, coupled with rising export demands, has significantly influenced pricing. The outlook remains cautious as stakeholders anticipate further developments that could either stabilize or disrupt the market in the coming weeks, reflecting the broader economic conditions affecting Argentina's livestock industry.

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