Cattle Prices Decline Amid Selective Demand at Cañuelas Market

The Cañuelas Livestock Market (MAG) saw a downturn in cattle prices on Wednesday, with a total of 6,890 head of cattle traded. Buyers exercised selective demand, leading to limited competition and a general decrease in values across most categories compared to the previous trading session.

The market's General Index experienced a significant drop of 8.43%, falling from $4008.964 to $3671.146. Similarly, the Novillo Index saw a 6.06% decline, moving from $4390.641 to $4124.326. This indicates a broad weakening of prices across the market.

Among the traded categories, novillos (bullocks) represented 15.14% of the total sales, with notable prices reaching $4800 for animals weighing 500 kg, $4700 for those at 431, 432, and 445 kg, and $4650 for 502 and 543 kg animals. The best prices for cows reached $4300 for 437 kg animals, $3800 for 505 kg, and $3750 for 490 and 568 kg animals.

For lighter lots, novillitos (young bullocks) fetched prices up to $5400 for 337 kg, $5100 for 358, 359, and 405 kg, and $4850 for 414 kg. Vaquillonas (heifers) sold for up to $5100 for 316 kg, $4760 for 355 kg, and $4500 for 391 kg.

The overall average weight for the traded cattle was 442 kg. The detailed sales breakdown included 1039 novillos, 1290 novillitos, 1350 vaquillonas, 2485 vacas (cows), 482 conservas (canners), and 215 toros (bulls).