Prices for fattened cattle continue to rise in most regions

The physical market for fat cattle registered an increase in most producing regions throughout this week. States such as Goiás, Mato Grosso, Tocantins, and Minas Gerais showed consistent appreciation, reducing the base differential between the markets. Despite speculations about China and the use of Fluazuron, there is still no concrete information. Chinese authorities have not released results of the investigation initiated at the end of last year regarding the impact of meat imports on local production, stated Fernando Henrique Iglesias, an analyst from the consultancy Safras & Mercado. The wholesale market registered predominantly accommodating prices this Wednesday (12). Despite this, the business environment suggests potential appreciation in the short term, driven by the increase in consumption at the end of the year, with the payment of the thirteenth salary, the creation of temporary jobs, and typical period celebrations. The commercial dollar closed the day with an ...