Mar 18 • 18:11 UTC 🇦🇷 Argentina La Nacion (ES)

Cattle: very moderate supply and fluctuating prices in the Cañuelas Agroganadero Market

The Cañuelas Agroganadero Market faced a reduced influx of cattle due to recent rains, leading to fluctuating prices in cattle sales.

On Wednesday, the Cañuelas Agroganadero Market reported a modest entry of 2,527 cattle, attributed to recent rainfall affecting livestock areas. This limited supply resulted in selective demand among buyers, with prices varying based on the quality and necessity of the cattle on offer. The General Index saw a notable increase of 9.35%, jumping from $3,682.94 to $4,027.41, while the Novillo Index declined by 2.17% from $4,559.55 to $4,460.50.

In this market session, 411 head of cattle categorized as novillos accounted for a significant portion of the sales, achieving notable price points such as $4,850 for 503 kg and varying prices for different lots based on weight. Specifically, four lots weighing between 434 kg to 469 kg were sold for $4,800 each, while another lot of 480 kg fetched $4,550. Additionally, better quality cows commanded prices ranging from $3,800 to $4,400 based on their weight, reflecting the demand for quality livestock.

Overall, the fluctuations in cattle prices and their selective demand underline the impact of weather conditions on agricultural markets, highlighting the ongoing challenges faced by producers in navigating market dynamics. The higher General Index indicates some resilience in broader market trends, but the falling Novillo Index suggests caution among sellers regarding price expectations in future sessions.

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