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Week closes with ups and downs at the Cañuelas Livestock Market

Week closes with ups and downs at the Cañuelas Livestock Market

From La Nación · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News Documents & data Outcome reported
  • The Cañuelas Livestock Market saw a significant increase in cattle supply this week, with nearly 19,000 head arriving.
  • Sales were characterized by selective demand, with higher prices paid for quality lots.
  • Weekly indicators showed a decrease in both the General Index and the Novillo Index compared to the previous week.

The Cañuelas Livestock Market concluded its weekly operations with a notable increase in supply, registering 5,992 head on Friday, bringing the weekly total to 18,388 animals. This represents a 24.33% rise compared to the 14,790 head from the prior week.

Buyers showed selective interest, focusing on quality lots and offering prices higher than those seen in the preceding trading session. The General Index saw a 2.76% increase from Wednesday, reaching 3731.006 pesos. However, the Novillo Index experienced a 1.50% decline, moving from 4375.947 to 4310.405 pesos per kilogram.

Looking at the weekly balance, both the General Index and the Novillo Index recorded losses. The General Index dropped 3.26% and the Novillo Index fell 2.47% compared to the previous week's figures of 3856.957 and 4419.732 pesos, respectively.

Detailed sales data showed steers (novillos) representing 20.49% of the total sold, with top prices reaching 4700 pesos for lots weighing 452 and 537 kg. The best prices for cows were 4300 pesos for 460 kg lots. For lighter categories, young steers (novillitos) fetched up to 5300 pesos for 305 kg, and heifers (vaquillonas) reached 5300 pesos for 298 kg.

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.