Fat cattle: Arroba prices in Brazil continue to fall

Published 2023년 8월 28일

Tridge summary

The Brazilian cattle market is experiencing a decline in prices, with major production and commercialization centers seeing decreases. Many slaughterhouses are staying away from negotiations in search of more effective strategies for acquiring cattle in the short term. Prices for beef exports are also dropping, negatively impacting export revenues.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Brazilian market for live cattle faces another week of decline in prices, with the main production and commercialization centers registering decreases. According to the consulting firm Safras & Mercado, many slaughterhouses remain away from negotiations, seeking more effective strategies for acquiring cattle in the short term. In general terms, slaughter periods are at comfortable levels, with an average of nine to ten working days. Even with the change of month, there is no significant prospect of recovery in prices per arroba of fat cattle. As for beef exports, the continuous drop in prices per ton continues to be a reason for concern, negatively impacting export revenues, as analyzed by specialist Fernando Henrique Iglesias. In the city of São Paulo, the reference for the arroba of the ox reached R$ 201. In Goiânia, the quotation was R$ 192 per arroba. In Uberaba, Minas Gerais, the price per arroba reached R$ 203.00, while in Dourados, Mato Grosso do Sul, an arroba was ...
Source: CanalRural

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