Slaughter cattle prices recover

Cattle prices continued a recovery path last week. Although packers quote US$3.60 per kg for common steers, there were several deals at US$3.70 per kg early this week and US$3.40 for fat cows, an intermediary told WBR. On the other hand, there was greater packer demand for animals traced for the European Union, a category that is “not abundant” in the market. These special steers reach up to US$3.80 per kg carcass weight.