Calm in prices and business activity

Industry price lists for cattle purchases remained unchanged over the past week, with reference prices of US$ 3.50 per kg carcass weight for regular steers and US$ 3.20 for finished cows. Although some deals were closed, a market intermediary told WBR that producers are “holding their ground and refusing to sell at these prices,” and considered it “possible” that some price movement could occur next week.