Ox: Business is slow in the Brazilian market; export rate falls
Frozen Bone-In Beef
Published Mar 21, 2024
Tridge summary
In the latter half of March, the national market has seen a decrease in transactions involving animals for slaughter, leading to a drop in domestic cattle prices. This is due to many slaughterhouses extending scales, causing buyers to only purchase new batches of animals when necessary. Furthermore, Brazilian exports of fresh beef have slowed down in the third week of March, with daily shipments only reaching 7,697 thousand tons until the 15th of the month.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Few transactions involving animals for slaughter have been carried out on the national market in the second half of March. According to researchers from Cepea, many slaughterhouses indicate that they have extended scales, and, as a result, buyers are away from the national market, purchasing new batches of animals only when necessary. This scenario has weakened domestic cattle prices. As for the external market, Brazilian exports of fresh beef registered a slower pace in the third week of March. Check out hot information about agriculture, livestock, economy and weather forecast in the palm of your hand: follow Canal Rural on WhatsApp! According to data from Secex, daily shipments were limited to 7,697 thousand tons until the 15th of this month, totaling only 84,67 thousand tons shipped in March. In February, the daily average was ...
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