Fat cattle: domestic demand and exports drive the market at year-end

The beef cattle market enters the last two months of the year with a positive outlook, supported by the improvement of pastures and the gradual increase in domestic demand. According to analyst Fernando Henrique Iglesias from Safras & Mercado, the trend is for an advance in the consumption of animal proteins, driven by the seasonal behavior typical of this period. “Every year is like this. Every year generates a positive effect on the consumption of animal proteins and this year will not be much different. We have a very good expectation, especially because the export is very strong, very aggressive,” he says. After a historic month of September, Brazilian beef exports are heading for an even better result in October. According to data from the Secretariat of Foreign Trade (Secex), in the first 18 business days of the month, 15,360 tons of the protein were sent abroad, a 2.3% increase from the same period last year. Data released by the Mato Grosso Institute of Agricultural ...