The price of fed cattle should see new increases thanks to the USA and domestic demand.

The Brazilian beef market was marked by sustained prices in Brazil, ranging from stable to higher, throughout this week, amid expectations of a heated demand in December. Safras & Mercado analyst Fernando Iglesias indicates that the period marks the peak of internal consumption, coupled with the expectation of strong demand from the United States following the removal of the 40% surcharge on Brazilian exports. For the specialist, these variables are the main factors motivating the increase in prices for the arroba of beef, even if this occurs moderately. "It is important to remember that the year is still marked by a large availability of animals for slaughter, which acts as a limiter for more severe increases," he ponders. The values for beef, in the forward modality, were as follows on December 4: The Safras & Mercado analyst comments that the wholesale market presented mixed prices throughout the week, although the business environment still indicates the possibility of price ...