The Argentine steer, among the most expensive in the world
In August, the average price of the heavy steer for export (over 480 kilos) went from being worth US$ 3.77 per kilo to US$ 4.98 per kilo, an increase of 32% In the rest of the international livestock map , the increases are located below this range. While Australia remarked 12.5%, Brazil and Uruguay adjusted 10%, Europe 6% and the United States just 1.4%.
The fall of the peso against the dollar is a measure difficult to assimilate for the cattle chain. "After the devaluation, Argentine, far from gaining competitiveness, became more expensive in dollars compared to the rest of the origins," they warned from Rosgan.
The course of the cow was also similar, with an increase measured in dollars that oscillated between 28% and 33%, while the rest of the international markets adjusted their prices downward. "This situation, added to the lower supply of cattle that had been registered, exacerbated the shortage of merchandise, which is why many refrigerators during the last week began to reduce their pace of work", they said.
In the case of steers, the Rosgan considered that the shortage is even more marked than in cows. For this time of the year, they explained that the slaughter of this category should show better numbers, but everything allows us to infer that in the coming months the shortage of heavy animals will be more evident.
"In this context, the industry will face difficult months that will probably lead to further reducing its level of operations as a defensive measure, until the market naturally manages to find a new equilibrium level", they concluded.
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