Live cattle market maintains stability in São Paulo, Brazil

Live cattle prices remained stable, with slaughter schedules, on average, planned for seven days, according to information from Scot Consultoria. Despite the shortening of scales due to the decrease in cattle supply, market agents indicate that prices should remain firm, given the stability in demand. Throughout the week, there was an increase in the supply of capon cattle, while for other categories the supply decreased due to the reduction in slaughter in the first days of the year. As a result, prices rose, with emphasis on the forequarter and needlepoint, both for castrated and whole cattle and beef jerky. For married capon ox and whole ox carcasses, the increase was 0.2% and 0.6%, respectively. On the other hand, there was a decline in the week-to-week comparison for special pork carcasses (-5.4%) and for medium chicken (-2.6%). This price movement contributed to the loss of competitiveness of beef in relation to other proteins. Contrary to market expectations, the volume of ...