Market operates with lower levels, but suppressed demand from the U.S. and domestic consumption could reverse the scenario
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The physical market for fattened cattle again faces some purchase attempts at lower levels this Wednesday (26), with some industries, especially the larger ones, still indicating a more comfortable position in their slaughter schedules. According to analyst Fernando Henrique Iglesias from consultancy Safras & Mercado, with the postponement of the Chinese decision on investigations regarding the impact of beef imports on its producers, the market focuses its attention on the potential expansion of sales to the United States, a market where the need for purchase is quite evident. "In addition, domestic consumption will be an important variable for the remainder of the season," he said. The wholesale market faces a drop in prices throughout the week for bone-in cuts. "Boneless cuts, especially those more consumed at this time of year, such as picanha and filet mignon, show consistent upward movement. However, the expectation is for a ...
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