Tight supply and rising cattle prices

The cattle market in Paraguay remains firm, with very limited supply and slaughterhouse bookings mostly running at around one week. According to an intermediary, prices discussed a few days ago around US$/kg 4.50 “do not reflect reality,” as current business is concentrated between US$/kg 4.60 and US$/kg 4.65 for common males, with spot deals reaching as high as US$/kg 4.80 depending on load and conditions.