Further decline in export steer prices

Export steer prices continued to trend downward, driven by exporters’ resistance to higher bids, the end of kosher slaughter activity, and softer European demand. By last Friday (the last business day before publication), British-breed cross steers—of higher meat quality—had fallen another Ar$ 100–200 to a range of Ar$ 8,000–8,200/kg carcass weight, while zebu-cross steers declined to Ar$ 7,900–8,000/kg.