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

Published 2023년 3월 15일

Tridge summary

The article highlights the stability in the agricultural markets of São Paulo, with a note on the anticipated resumption of beef exports to China by the end of March, as forecasted by Scot Consultoria. It also mentions the recent export data for fresh beef, showing a significant increase in volume but a decrease in average daily revenue compared to the previous year. Additionally, it notes a decrease in the price of heifers due to an increase in supply, while the prices for ox and cow remain stable.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

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