The average price of steers for slaughter in Mercosur countries fell for the second consecutive week, dropping below the US$ 4 benchmark that had held for the previous two weeks. The WBR Mercosur Steer Index declined by 3 cents on the week to US$ 3.98 per kilo carcass weight, mainly impacted by falling slaughter cattle prices in Brazil and a significant depreciation of the Argentine peso.
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