Brazil exports record amount of beef and price per arroba starts to rise again

The Datagro Cattle Indicator continues to indicate firm and elevated prices for the arroba of fat cattle, averaging R$ 322.73 this Thursday (6) in São Paulo. According to Datagro market analyst Isabela Ingracia, slaughter scales also remain comfortable, close to 10 days running in the base market in São Paulo. The news of the day was the release of bovine meat shipment data for October by the Foreign Trade Secretariat (Secex): Brazil sold over 448 thousand tons equivalent of carcass to the exterior, a historic record. "Never before has such a large quantity of bovine meat been shipped by Brazil, the result of a greater diversification of destinations and also of markets increasingly turning to Brazil as the main supplier of the protein," contextualizes Isabela. Among the main destinations for the national product, China remains the top buyer, followed by Chile, the Philippines, the United States, and also Mexico. "In the year-to-date, China already accounts for more than ...