Stable arroba price in São Paulo, Brazil
Published Jan 27, 2023
Tridge summary
The live cattle market is experiencing pressure due to an oversupply of cattle and a reduced flow of beef, leading to a decrease in quotations. Despite this, benchmarks remained steady between 1/25 and 1/27. The decline was most pronounced in the Southeast - MT region, where the sale of fat heifers dropped by R$3.00/@ due to a high supply, difficulty in meat sales, and alternate slaughter days. Paragominas - PA also reported a drop of R$3.00/@ for fat cattle due to reduced buying momentum from industries and a high supply of finished cattle.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The good offer of cattle, added to a more restrained flow of beef, has pressured the quotations in the live cattle market. Despite the bearish signs throughout the week, benchmarks for the market were flat compared to the 1/25. Southeast - MT The increasing supply of females, the difficulty in selling meat and alternate days for slaughter resulted in a decrease of R$3.00/@ of fat heifers, in the daily comparison. Paragominas - PA The lower buying ...
Source: Agrolink
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