Fat cattle have new drops and in Mato Grosso, Brazil arroba is already traded below R$ 300

The physical market for beef cattle has once again faced negotiations below the average reference. According to the consulting firm Safras & Mercado, the decline has once again been more intense in the North Region and in Mato Grosso. In the Southeast, the reductions also persist, but to a lesser extent. “Slaughter scales are relatively comfortable, positioned between six and eight business days on average nationwide. Exports remain at a good level, which in a way offers some support to the prices of the arroba, said the analyst from the consulting firm Safras & Mercado”, says Fernando Henrique Iglesias. The wholesale market once again presented firm prices during the day. According to Iglesias, it is still difficult to impose new adjustments in the short term, in line with the saturation of demand, even in a period typically associated with heated consumption. “A significant portion of the population has prioritized proteins with lower added value. Pork cuts are gaining ground ...