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Cattle prices rise at Cañuelas Livestock Market amid limited supply

Cattle prices rise at Cañuelas Livestock Market amid limited supply

From La Nación · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

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  • Cattle prices rose at the Cañuelas Livestock Market at the start of the week, with a limited supply of animals.
  • The General Index increased by nearly 4%, driven by strong competition among buyers for steers and cows.
  • Steers represented over 19% of the total sold, with prices reaching up to $4800 per kilogram for some lots.

The Cañuelas Livestock Market (MAG) began its weekly operations with a notable increase in cattle prices, influenced by a constrained supply of animals. A total of 6,866 animals arrived, transported by 177 trucks.

Operators from the local market and industry engaged in competitive bidding to secure livestock, resulting in price gains, particularly for steers and cows. The General Index saw a significant rise of 3.98% compared to Friday, moving from 3856.957 to 4010.586 pesos. The Steer Index also climbed by 1.35%, from 4419.732 to 4479.617 pesos per kilogram.

Steers, accounting for 19.26% of the total sales with 1,321 heads, achieved notable prices, including $4800, $4750, and $4700 per kilogram for various lots. The best cows also fetched strong prices, with some selling at $4200, $4000, and $3850 per kilogram.

Prices for lighter lots also saw strong performance. Novillitos (young steers) reached up to $5400 per kilogram, while heifers (vaquillonas) sold for as much as $5300 per kilogram. The overall average weight of the animals processed was 434 kilograms.

DistantNews Editorial

Originally published by La Nación in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.