Prices for fattened cattle remain steady and above the average in parts of the country

The physical market for fattened cattle returned to record transactions above the average this Thursday (23), mainly in the Northern region and in areas of the Midwest. In São Paulo, the market is finding it difficult to establish new highs, as large slaughterhouses maintain comfortable slaughter schedules, favored by the supply of partnership animals. Exports remain prominent and continue to sustain prices, according to analyst Fernando Henrique Iglesias from consultancy Safras & Mercado. Wholesale prices saw new increases this Thursday (23). According to Iglesias, the appreciation movement is expected to continue in the short term, driven by the expectation of higher domestic consumption with the payment of the ...