Brazil: Price of live cattle reacts with the reopening of exports to China

Published 2023년 3월 27일

Tridge summary

The resumption of cattle and heifers exports to China has led to a price increase of R$2.00/@ in São Paulo markets, while the cow prices remained stable. However, in the Northern Region of Minas Gerais, the price of live cattle dropped by R$4.00/@ due to a larger supply of cattle. In the Southern Region of Tocantins, buyers increased their offer for fat cattle by R$2.00/@ due to shortened slaughter schedules, while female prices remained stable.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the markets of São Paulo, after the announcement of the resumption of exports to China, the price of cattle and heifers rose by R$2.00/@. For the cow, prices were stable in the comparison made day by day. The premium paid to the “Chinese ox” returned. The return is being gradual, still with occasional deals. Northern Region of Minas Gerais The greater supply of cattle resulted in a drop in the price of live cattle. In the daily comparison, the price of the ox fell R$4.00/@. Southern Region ...

Source: Agrolink