Cattle prices have again declined across the majority of categories this week, as buyers become more selective in their purchases.
Total national yardings were up 48% at markets reported by MLA’s NLRS, although the rise was assisted by last Monday’s public holiday.
The quality across the selling centres has been reported as largely plain, despite some supplementary fed lines attracting higher prices.
The trade steer indicator experienced the largest decline for the week, back 11¢, to 357¢/kg cwt.
Medium steers were 9¢ cheaper on 327¢/kg cwt, while heavy steers fell a further 5¢ on last week, to average 335¢/kg cwt.
Demand for feeder steers eased, back 4¢ at 188¢/kg lwt.
The national cow indicator was the only category to record an increase for the week, up 2¢ on 270¢/kg cwt.
Source: Argentine Beef Packers S.A.
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