The cattle market maintains prices despite the uncertainty

The analysis released this Tuesday (18) by the Tem Boi na Linha report from Scot Consultoria indicates that the market for fattened cattle registered stability in the cattle markets of São Paulo. According to the bulletin, "prices are stable," even in the face of uncertainty related to possible changes in China's import safeguards. The consultancy reports that most slaughterhouses maintained their purchase orders due to the adjusted supply of cattle. Some buyers began negotiations with prices lower than yesterday's, "but without consolidated deals," which resulted in the maintenance of prices. Slaughter schedules averaged eight days, and all prices considered were gross and with a term. In Minas Gerais, the consultancy highlights that the lower supply of cattle in some regions helped to sustain prices. However, the "slow outflow of beef discouraged business," which kept the price per arroba unchanged in the daily comparison, in all categories and cattle markets. ...