Tridge summary
Slaughterhouses, primarily those involved in exports, have paused their purchases due to upcoming scaling appointments and schedule adjustments following an embargo, resulting in fewer cattle being slaughtered daily. Those catering to the domestic market are purchasing at current prices, which have been stable since late February. According to the Brazilian Institute of Geography and Statistics (IBGE), Brazil saw an 8.0% increase in cattle slaughter in 2022, reaching 29.69 million head, with female participation in slaughter rising by 1.8 million to 11.1 million in 2022.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Most slaughterhouses remained out of the market, mainly exporters. The industries that export have scales scheduled until the end of the month, or for the next fifteen days, so they are out of purchases. Apparently they have rescheduled the scales since the embargo, decreasing the slaughtered herd per day. Those catering to the domestic market are buying at the prevailing price reference in recent days, with the price of live cattle stable since February 24th. There are no buy offers for the “Chinese ox”. IBGE Quarterly Slaughter Survey In 2022, 29.69 million head were slaughtered, an increase of 8.0% compared to the slaughter in ...
Source: Agrolink
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