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Angus Spring Week Opens in Cañuelas With Export Duties Suspended, Auctions Show Firm Demand

Producers urge durable financing to rebuild a shrinking herd.

Overview

  • The government formalized a temporary suspension of beef export duties in the Boletín Oficial, a move widely applauded by the Angus sector.
  • Association president Alfonso Bustillo warned of structural risk, citing a 1.6% year-on-year fall in the cattle herd and a 6% drop in heifers, the lowest stock in 18 years and signs of an aging herd.
  • Early remates moved briskly with firm prices: Sáenz Valiente, Bullrich sold about 2500 head with fat steers at ARS $3700–$3800/kg live and calves mostly $4000–$4500, while Alfredo S. Mondino placed 11,750 head in a televised sale.
  • Subsecretary Manuel Chiappe called the tax change a normalization signal and detailed support tools including BICE product-value credits for retaining females, approval of bitrains for livestock transport, expanded foot-and-mouth vaccine supply, stronger traceability and SENASA work, and market talks with China, Japan and Korea.
  • The event inaugurated a new convention center and emphasized genetics and traceability as Angus—about 75% of Argentina’s herd—presses for soft credit and tax relief to retain females and add weight.