In the past 12 months, while inflation (CPI) was 31.4%, the price of… Little bull In Canuelas it increased by 73% directing 89%, that is Fat cowBy 84% and He preserves the good 62%. In the same period, the price of calf increasedwinter (Between 180 to 200 kilos) with an increase of 75% Hilton guidance 80%.
Also in the last 12 months, we have Weighted livestock input index by 40.8%; Until a few months ago, this indicator was developing below the inflation rate, but in the last four months its magnitude has been affected by the depreciation of the peso.
With free dollars, Current winter calf price About $3.60 per kilo, resulting in 110% higher Higher than the average of the past 10 years, and the highest value in the 2005-2025 historical series.
The relationship between the price of a winter calf and the value of a square meter of an urban apartment is very favorable. Or the relationship between calf prices and one hectare of breeding field. The current value of a pregnant British cow is around $920, which is 34% higher than last year and 49% higher than the average over the past 10 years.
In fixed currency The current price of a bull in Canuelas is 33% higher than the historical average (2005-2024) and only 7% below the historic peak of 2022, which incidentally lasted only a few months: at the end of the year, the price of cows in real terms fell by 38% with the contraction of the exceptional export series that was crucial to the rise.
As for Calf priceIn real terms, today is 44% above the average for the period 2005-2024ranking only 6% lower than the historical peak recorded in December 2021.
In today’s currency, Calf pricewhich touched on February and March 2022 $5400 per kiloin December of the same year it was trading at only $3,300 per kilo (37% less).
It should be noted that Calf harvest The one to come (birth 2025, weaning 2026) will be about 600 thousand calves less than what was monitored in 2023Before the effects of the dry season appear.
Meat supplies for the next two years appear to be limited Due to the noticeable decline in births in recent years. Although the ratio of calves to cows (reproductive index) has improved in the past twenty years, as it rose from 62-63% in the years 2005-2006, to 68-69% in the years 2023-2025, the number of weaned calves, according to the first vaccination campaign against foot-and-mouth disease, has decreased significantly.
In 2022-2023, before the effects of the dry season became apparent, 15.2-15.4 million calves were weaned, a record number that decreased to 14.5 million in the years 2024-2025. It will recover to 14.8 million offspring only in 2026.
The pregnancy rate remained highBut the number of stomachs exposed to service has decreased by more than a million heads and still shows no signs of recovery.
Good reproductive indicators, but on fewer cows. with “China effect” Fields have been cleared of old, empty or useless cows, but the number of weaned calves – which largely determines balanced meat production – remains low. In the past 20 years, weaning has exceeded 15 million offspring on eight occasions.