Overview
- Industry leaders report cattle prices have risen roughly 15% since October, lifting retail values with half-carcass above $8,000 per kilo and milanesa commonly at or above $16,000.
- CEPA tracked a 4.4% rise in October and an 11.4% jump in the first ten days of November, signaling a renewed acceleration into year-end.
- Analysts cite weather delays, damaged rural roads, election volatility, and strong export demand for heavy steers as the key drivers of the latest increases.
- Producers are retaining animals to rebuild herds and add weight, a strategy that sector consultants say could keep supply tight and prices adjusting in the months ahead.
- Despite higher prices, CICCRA notes sales have not dropped noticeably, with increases varying by cut and zone, including larger moves on finer cuts than on stewing meats.