Paraguayan Rain Predicted Mid-Week to Ease Drought

Paraguayan Rain Predicted Mid-Week to Ease Drought

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October 15

In September, 1.25 million cattle were slaughtered, up 4 percent since August, and up 3 percent year-on-year comparison.

However, when adjustments were made per business days, there has been a decrease of 5 percent month-on-month and a decrease of 1 percent year-on-year.

Female cattle made up 44.7 percent of the total slaughter (the same as in August), which was 1.7 points less than a year ago and the lowest level in more than two years (26 months).

Due to the lack of heavy steer hides, frigorificos raw fresh hides are quoting upwards at about 5 Arg. pesos per kg. This raises good quality Buenos Aires wet salted heavy steers prices, which are also quoting upwards at about US$0.07 per kg.

Tanneries continue to work at 25-30% of their capacity with low…

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Runner market commentary
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