Tridge summary
Since February, livestock arroba prices in the national market have remained weak due to suspended meat shipments to China, following protocol for 'mad cow' records. However, meat prices in the wholesale market in Greater São Paulo remain firm. According to Cepea, the CEPEA/B3 Livestock Indicator in São Paulo shows an average price of R$ 274.48/@, while the matched carcass is sold in the wholesale market at R$ 284.85/@, creating a price difference of 10.37 Reais/@ between live cattle and meat, the largest since October 2021.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Livestock arroba prices remain weakened in the national market, a scenario that has been verified since the end of February, when meat shipments to China were suspended, following the protocol established between Brazil and China in cases of records of “evil mad cow”. Meat prices traded on the wholesale market in Greater São Paulo are firm. According to data released by Cepea, in March (until the 14th), while the CEPEA/B3 Livestock Indicator (São Paulo market) registers an average of R$ 274.48/@, the matched carcass is sold in the wholesale at R$ 284.85/@, that is, with an advantage of 10.37 Reais/@ for the ...
Source: Agrolink
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