Fat cattle arroba prices fall in Brazil; see prices

The physical market for live cattle showed a drop in prices again this Wednesday, still as a result of the increase in supply in a period marked by the lack of rain in the Center-West and Southeast of Brazil. Added to this is the scenario of high temperatures, which increases pasture wear and reduces retention capacity. “In this way, we have reached the moment when, faced with a large volume of supply, the scales begin to advance and the prices of the arroba of live cattle begin to fall”, said the analyst at Consultoria Safras & Mercado, Fernando Henrique Iglesias. The wholesale market is facing higher prices, confirming the trend predicted for the period. Demand is heated throughout the first fortnight of the month, considering that, in addition to the entry of salaries into the economy, there is also additional consumption related to Mother's Day, a ...