A positive week ends with a golden key for the cattle rancher. Heated demand and smaller slaughterhouses active in purchases elevate levels.
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The physical market for fattened cattle is once again facing some deals made above the average benchmark. Analyst Fernando Henrique Iglesias from consultancy Safras & Mercado points out that smaller slaughterhouses are still operating with shortened slaughter scales, which results in a more aggressive behavior in the purchase of cattle. "Larger slaughterhouses still point to a more comfortable situation, evaluating the incidence of partnership animals, offering greater predictability to the scales. The demand remains heated, especially when it comes to exports, with the volume of shipments being quite significant at this moment," he said. The wholesale market shows firm prices throughout Friday. According to Iglesias, the business environment still suggests some price increase in the short term, considering the domestic demand approaching its peak. "The incidence of the thirteenth salary, the creation of temporary jobs, and the year-end celebrations are ...
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