"Boi China" has a price increase in the São Paulo market

The market for fat cattle maintained stability in the third week of October, according to an analysis by the "Tem Boi na Linha" report, released this Friday (17) by Scot Consultoria. The prices for common cattle and cows remained unchanged, while the value for heifers increased by R$ 3.00 per arroba. According to the consultancy, the scenario was influenced by a smaller supply of cattle compared to the end of September and beginning of October, although still sufficient to meet demand. The outflow of meat showed improvement, even below expectations, which helped to sustain prices in the market. "The reduction in supply and the consistent pace of sales contributed to the maintenance of quotations," the analysis points out. The quotation for "China cattle" registered an increase of R$ 2.00 per arroba compared to the previous day. The rise was attributed to the record in exports of fresh beef in September and the good performance maintained in October. The demand for younger cattle ...