Livestock boom: cattle prices remain firm in Córdoba

The livestock boom remains strong

In the latest weekly auction, a new increase was observed in calf and steer prices

Livestock experts say they do not know "what the ceiling is" for current cattle prices.

The boom that the sector is experiencing is evident week after week in Córdoba through the strength shown by the prices paid both for breeding animals and for those destined for consumption.

At the Monday auction held by the firm Consignaciones Córdoba at the Rural Society of Jesús María (SRJM), 10% increases were observed for the consumption category and of more than 11% for feeder cattle, if last week's prices are compared with this week's.

In the fat cattle segment, light steers rose by $270 to reach a maximum of $5,550, which meant a 5% increase.

Meanwhile, the intermediate category rose by $500 and was sold at $5,500, which represented a 10% increase.

In turn, the heaviest animals were sold at $5,400, since they recorded an increase of $250.

Livestock experts say they do not know "what the ceiling is" for current cattle prices.

The boom that the sector is experiencing is evident week after week in Córdoba through the strength shown by the prices paid both for breeding animals and for those destined for consumption.

In the fat cattle segment, light steers rose by $270 to reach a maximum of $5,550, which meant a 5% increase.

Meanwhile, the intermediate category rose by $500 and was sold at $5,500, which represented a 10% increase.

In turn, the heaviest animals were sold at $5,400, since they recorded an increase of $250.

As for females, the heifer went up again and reached a maximum of $5,300 after recording an $80 increase, just like the good cow which, in this case, was quoted at $3,330. Bulls remained at $3,500.

Calf prices at the weekly auction of the Rural Society of Jesús María

Light calves rose by $900 and climbed to $8,500, which meant an 11.84% improvement compared with the previous week.

The intermediate category held at $6,500, while the heaviest ones were sold at $6,300, and with a $500 increase, they advanced 8.62%.

It should be noted, as the site Agroverdad points out, that $8,500 was paid for a lot of ten calves of exceptional quality, but it is still an indicator that reinforces a livestock scenario of solidly rising prices.

Livestock boom

"I do not know what the ceiling (for prices) will be. Today there is very little supply of both feeder cattle and fat cattle, so the market is somewhat unsettled," said Pedro Pérez, from Consignaciones Córdoba.

The auctioneer of the consigning firm commented that, due to the good weather conditions and the availability of pasture, "perhaps the calf crop in the area will be delayed a little."

Therefore, "until March/April, I do not think prices are going to change much. At least with regard to feeder cattle," he concluded.

Livestock boom: cattle prices remain firm in Córdoba

Livestock boom: cattle prices remain firm in Córdoba

Calf prices at the weekly auction of the Rural Society of Jesús María

Livestock boom

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