Fat cattle arroba: week starts with low prices

Published 2024년 5월 27일

Tridge summary

The article reports on the decline in live cattle prices in Brazil's main markets due to increased supply and potential impact of drought on pastures. The prices vary across different regions, with the lowest in Janaúba. The wholesale market also saw a drop in prices, but a potential price recovery is anticipated with the upcoming payday. The prices for different cuts of meat have also slightly decreased.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The physical market for live cattle started the week with weakened prices for the arroba in the country's main production and marketing areas. “The supply continues to grow in the Center-West and North, making industries feel comfortable in their positioning of slaughter scales,” said the analyst at Consultoria Safras & Mercado, Fernando Henrique Iglesias. With the little rain forecast for a short-term scenario, the wear and tear on pastures tends to worsen, forcing livestock farmers to make more cattle available. In São Paulo, some units remain absent from the purchase of cattle, with prices still expected to fall in the short term. Standard Chinese animals are traded, on average, at R$ 225/@ in installments. In relation to animals destined for the domestic market, deals fluctuate between R$ 220/225/@ in installments. In Minas Gerais, another day of accommodation for prices in the state. In the Ituiutaba region, business indication at R$ 215/@ in installments. In Janaúba, ...
Source: CanalRural

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