Brazil: Daily value of beef exports falls 7.5% in December

The Brazilian beef cattle market showed stable prices for the arroba throughout the week and for meat exports in the first days of December. According to Safras & Mercado analyst Allan Maia, meatpacking plants managed to maintain extended slaughter schedules and continue to operate at a steady pace in the purchase of beef, keeping the pace of business quite slow. “With the end of the year approaching, the market is signaling a loss of liquidity, with a downward trend in the prices of the arroba, depending on the response of demand at wholesale.” The prices of the arroba of beef cattle in the forward mode in the main trading centers of the country were as follows on December 19: The wholesale market faced lower prices throughout the week. According to Allan Maia, beef continues to lose competitiveness against lower-priced proteins, such as chicken and pork, which contributed to the decline in prices. Beef forequarter cuts were traded at R$20.30 per kilo, compared to R$20.50 per ...