With record slaughter, fattened cattle remains high and shipments are heading for a historic mark

The price of fattened cattle was negotiated at an average of R$ 322.50 in the São Paulo base market this Tuesday (2), according to the Datagro Cattle Indicator. This was the third consecutive day of increases, a similar scenario found in Minas Gerais, Mato Grosso, and Tocantins. According to Datagro Market Analyst Beatriz Biancchi, the market signals stability, even in the face of a period with high supply. “These results are confirmed by the preliminary data from IBGE, which recorded record slaughter levels and meat production also at the highest for the year-to-date up to September, with more than 31.5 million heads slaughtered and more than 8 million tons of meat produced, which reveals a structural change in the cattle market as a whole at the national level,” she highlights. Beatriz recalls that starting in November, with the breeding season, there is the withdrawal of breeding females from the slaughter market, however, there is still a good quantity of animals to be ...