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Rains give hope to the livestock market

Rains give hope to the livestock market

Plaza Rural placed 87% of its offer in the face of a change in mood caused by the arrival of the expected rains.

Photo: Presidency

With adjustments between 3% and 5% during the first day of auction in Country Squareand with a second day with firmer prices and higher spirits due to the rains, hope returns for the livestock market, which had difficulties in relation to the month of April.

The lack of rain had been putting pressure on the market, but with the rains this Wednesday and the rainfall forecasts for the last week of May, the livestock outlook changed. According to actors in the livestock chain, the mood will change of the producers when the offer is decreasing due to the rains, which will cause you to find a price equilibrium. The first indication was the auction of Plaza Rural on Tuesday and Wednesday of this week.

According to the specialized media Blasina y Asociados, the special case was in the category of calves that were averaged with a drop of 4.7% with 2.41 dollars, showing a more dynamic market for heavy animals, but with greater difficulties for light categories, although with a sustained demand.

The two categories that stood out were, firstly, pregnant cows with a variation to the rise from 7.5% and with prices that also a rose by 7.7%, compared to the previous auction. Secondly, the breeding parts that were sold 100% were found.

What about exports?

Regarding the period between January and May 2022exports at the same time during this year were 13% less, with an annual average of $4,388 dollars, although with $500 dollars above the year 2021.

The month of May was the one with the smallest drop so far this year with 5.3%, in relation to a annual drop of 15% and compared to the month of April that witnessed a decrease of almost 27%.

Source: Ambito

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