Fat Ox Market: Check the Arroba Price at the Beginning of the Week

The physical market for fattened cattle opened the week with lower prices. According to Safras & Mercado consultant analyst Fernando Iglesias, meatpackers continue to exert pressure on the market in light of the uncertainties caused by the tariff addition imposed by the United States last week. "The Americans are the second main buyer of Brazilian beef and have already acquired significant quantities in the current season. Meanwhile, slaughter scales remain comfortable, counting on the entry of confined animals in the market. Additionally, there is a good incidence of partnership animals (forward contracts)," he noted. The wholesale market shows accommodated prices for beef. According to Iglesias, the expectation is for less room for adjustments during the second half of the month, considering the lower consumer appeal. "It is worth highlighting that chicken meat remains much more competitive compared to competing proteins, especially when compared to beef," the analyst commented. ...