Prices for fattened cattle rise in the main commercial hubs of the country

The physical market for fattened cattle again encounters some deals above the average benchmark throughout this Thursday (4). According to analyst Fernando Henrique Iglesias from consultancy Safras & Mercado, the domestic demand, coupled with the expectation of good demand from the United States, become important elements to be considered in this process of resuming the rise in prices of the arroba of fattened cattle. "However, it is important to mention that there is no room for consistent increases for the remainder of the season. The price recovery tends to occur in a measured manner," he said. The wholesale market presents prices that are accommodated throughout the day. According to Iglesias, the business environment still suggests new price adjustments, especially for cuts of bovine hindquarters, ...