The price of beef increased during the week and has the potential to grow even more.

The Brazilian beef market registered a rise in prices over the week in an environment marked by the shortening of slaughter scales, especially for smaller slaughterhouses. According to Safras & Mercado analyst Fernando Iglesias, larger industries still signal a greater availability of partnership animals, with a relatively more relaxed scale position. "The domestic market presented greater fluidity during the week, with an improvement in wholesale beef prices. Another important element is exports, which remain at a great level," he says. The prices of the arroba of beef in the forward modality in the main commercial centers of Brazil were as follows on October 9: Iglesias comments that the wholesale market worked with firm prices throughout the week. The business outlook still suggests price adjustments in the short term, due to the entry of salaries into the economy, which favors a better replenishment between wholesale and retail. According to the analyst, the arrival of the ...