News

Arroba do boi in Brazil; check prices and quotes

Market & Price Trends
Published Mar 29, 2024

Tridge summary

During a notably short week, the physical cattle market saw limited activity, with livestock farmers benefiting from favorable pasture conditions that allowed them to retain their stock. Fernando Henrique Iglesias of Consultoria Safras & Mercado noted a price increase in the wholesale meat market, particularly on Thursday, driven by heightened demand ahead of Easter and the positive impact of incoming salaries. Specifically, the price for hind quarter meat rose by R$0.20 to R$17.30 per kilo, while the prices for front room and needle point cuts remained unchanged at R$13.20 and R$13.00 per kilo, respectively.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The physical cattle market ended the shortest week with an insignificant flow of business. The livestock farmer continues to have good retention capacity, as the pasture still presents good conditions, said the analyst at Consultoria Safras & Mercado, Fernando Henrique Iglesias. The wholesale market saw an increase in prices on Thursday. As predicted, the flow of meat is starting to improve, driven by Easter demand. The turn of the month will play an important role in the continuation of this movement in the short term, considering the entry of salaries into the economy, motivating the replacement ...
Source: CanalRural
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.