Price of fat cattle: see how the arroba closed the week

The physical market for fattened cattle faces purchase attempts at lower levels in states such as Goiás, Mato Grosso, Rondônia, Tocantins, and Pará. In São Paulo, one or two negotiations were carried out above the average reference. According to analyst Fernando Henrique Iglesias from consultancy Safras & Mercado, the futures market is again experiencing euphoria due to the revocation of additional tariffs on Brazilian beef by the Trump administration. "This decision comes at an important time, with China showing less appetite during November and trying to impose lower prices for Brazilian beef," he emphasizes. According to him, the resumption of sales to the United States is likely to result in increased exports, which may offer some support to the prices of the arroba during December. The wholesale market ended the week still accommodating its prices. According to Iglesias, the business environment suggests the continuation of the upward movement in the very short term, ...