Prices per arroba rise again: check the quotations at the start of this week

The physical market for fattened cattle is once again facing deals made above the average benchmark during this Monday (6). According to analyst Fernando Henrique Iglesias from consultancy Safras & Mercado, slaughterhouses, especially smaller ones, are beginning to face shorter slaughter scales, justifying the realization of deals at higher levels. “Larger slaughterhouses still signal a good incidence of partnership animals, with more comfortable slaughter scales. Mato Grosso is an exception to the resumption movement, with prices still falling,” he says. Iglesias reinforces that exports remain at a high level throughout the year, with the country heading for a new record in shipments. The wholesale market starts the week with firm prices, still in a short-term upward trend. According to the analyst, this happens due to the entry of salaries into the economy, which motivates replenishment between wholesale and retail. The rear ...