Beef prices fall again in Brazil

Live cattle prices fell again in the country's main production and marketing areas this Wednesday. According to the analyst at Consultoria Safras & Mercado, Fernando Henrique Iglesias, slaughterhouses began to test the market with more emphasis, especially in the Center-North, as a result of the increase in slaughter scales throughout the week. The supply of females remains representative. The drop in wholesale beef prices in São Paulo is a symptom that industries operating in the state should also end up exerting pressure on the purchase of cattle. The cattle rancher continues trying to pace his business, but has not yet achieved the expected results this week, said Iglesias. The wholesale market shows falling prices, as a result of a slower flow of beef between chains during the second half of the month. The expectation is that this movement will continue in the short term, which will be ...