Prices for fattened cattle continue to rise; check the market closing

The physical market for fattened cattle maintained its upward trend throughout the week, reflecting a positive business environment. According to analyst Fernando Henrique Iglesias from consultancy Safras & Mercado, short slaughter schedules, especially in smaller slaughterhouses, continue to support prices, while domestic demand shows signs of heating up at the end of the year. In addition, on Wednesday (29), exports continued with significant numbers, with strong performance in the second half of the year, which reinforces the firmness of quotations. The wholesale market for beef presented stability on Wednesday, but the scenario remains favorable for adjustments in the coming weeks. According to Iglesias, the end-of-year period, marked by the payment of the 13th salary and the creation ...