Cattle prices rise at Cañuelas market amid limited supply
Translated from Spanish, summarized and contextualized by DistantNews.
At a glance
- Cattle prices rose at the Cañuelas Livestock Market due to scarce supply caused by recent rains.
- The general index increased by 6.91%, with most categories seeing gains despite variable quality.
- Novillos (steers) represented 13.88% of sales, with specific price points noted for different weights.
The weekly trading session at the Cañuelas Livestock Market (MAG) began with an influx of 3863 animals, arriving in 111 trucks. The supply was limited, largely due to recent rainfall, which prompted local buyers and industry operators to compete intensely for available stock. This competition resulted in price increases for nearly all categories, even though many lots did not meet expected quality standards.
The General Index saw a significant rise of 6.91% compared to the previous Friday, moving from 3511.618 to 3754.309 pesos. The Novillo Index, specifically tracking steers, experienced a more modest gain of 0.37%, increasing from 4236.467 to 4252.097 pesos per kilogram. Novillos constituted 13.88% of the total animals sold, with notable prices reaching $4770 for 439 kg, $4670 for 502 kg, and $4620 for 480 kg.
Prices for the best cows reached $4320 for 447 kg, $4200 for 461 kg, and $3500 for 541 kg. Lighter lots also fetched strong prices, with novillitos (young steers) selling for up to $5480 for 312 kg and vaquillonas (heifers) reaching $5500 for 265 kg. The overall average weight of the animals traded was 435 kilograms.
Originally published by La Nación in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.