Stability and expectation for a change in the cattle scenario by the end of March in Brazil

Fresh Bone-In Beef

Frozen Bone-In Beef

Meat

Brazil

Published Mar 15, 2023

Tridge summary

Price stability prevails in São Paulo markets. The expectation of the slaughterhouses, according to Scot Consultoria, is that, by the end of the month, exports to China will be resumed. There are still no purchase offers for the “China ox”.

Redemption - PA

The supply of females increased and, as a result, the buying end reduced the price of the heifer by R$5.00/@. For the price of ox and cow, prices are stable in the daily comparison.

Export of fresh beef

Until the second week of March, 67.4 thousand tons of fresh beef were exported. The daily average shipped was 8.4 thousand tons, an increase of 9.6% compared to March/22, the average daily revenue is US$41.0 million, a decrease of 9.6% in the same comparison.

Original content

Price stability prevails in São Paulo markets. The expectation of the slaughterhouses, according to Scot Consultoria, is that, by the end of the month, exports to China will be resumed. There are still no purchase offers for the “China ox”. Redemption - PA The supply of females increased and, as a result, the buying end reduced the price of the heifer by R$5.00/@. For the price of ox and cow, prices are stable in the daily comparison. Export of fresh beef Until the second week of March, 67.4 thousand tons of fresh beef were ...

Source: Agrolink