Beef cattle: check prices across Brazil at market close

The physical market for beef cattle showed new declines this Tuesday (29), reflecting the gradual increase in supply and the extension of slaughter schedules. The situation remains under pressure, and the trend is for this movement to continue in the very short term, according to an assessment by the consulting firm Safras & Mercado. Despite this, factors such as the increase in demand with the proximity of Mother's Day and the good performance of exports help to contain more aggressive declines, according to analyst Fernando Henrique Iglesias. In the wholesale market, beef cattle prices remain firm, driven by positive expectations for the first half of May. The scenario is supported by the entry of salaries into the economy and the forecast of increased consumption due to Mother's Day, which traditionally increases the demand for beef. Prices remain ...