Moderate supply, falling prices at Cañuelas livestock market

The Mercado Agroganadero de Cañuelas experienced a day of moderate supply and falling prices on Wednesday, with 5,672 head of cattle arriving via 172 trucks. Buyers were well-supplied, and the quality of the offered lots was generally lower, leading to selective purchasing and price adjustments.

The overall market sentiment reflected a downturn, with the General Index decreasing by 5.09% from $3464.714 to $3288.401. Similarly, the Novillo (prime steer) Index saw a 1.35% reduction, moving from $4183.903 to $4127.507. This indicates a weaker market overall, influenced by the available supply and buyer selectivity.

Despite the general price decline, certain categories saw notable transactions. Prime steers reached prices as high as $4,550 for lots weighing 465 kg. The best cows traded at $4,250 for those weighing 465 kg. Lighter categories also saw competitive pricing, with novillitos (young steers) reaching $5,300 for weights between 341 and 366 kg, and vaquillonas (heifers) peaking at $5,350 for 281 kg lots.

Detailed sales figures show a breakdown of the 5,672 cattle: 624 steers, 709 young steers, 1,268 heifers, 2,193 cows, 538 conservas (cows for canning), and 325 bulls. The average weight across all animals sold was 449 kilograms.