Unstoppable Increases in Cattle Channels

The month of May ended with new increases in beef carcass prices. Domestic demand continues at a slow pace, but exports remain the focus of market activity. Males, with less demand, are the least to rise, while females increase significantly, supported by national demand and because European market exports continue to be lively (mainly to Portugal) and with rising prices, according to sector sources. Meanwhile, exports to Algeria continue, at a time when they could hypothetically be affected by the proximity of the Lamb Festival, but the reality is that this is not the case, and activity does not cease, which keeps any intention of price cuts at bay in a month that traditionally saw a more or less severe downward adjustment. At the Ebro Market, there was a slight increase in males and a more substantial one in females. Supply remains short and demand continues to pressure for price increases. The national market continues to demand at a slow pace, but exports maintain their ...