The price of "China cattle" rises in São Paulo, Brazil

Updated Oct 3, 2023
Bone-in meat wholesale market In São Paulo, the lower supply of cattle and the proximity of salary payments at the beginning of October resulted in an increase in the prices of all cuts. Expiration of the September/23 live cattle futures contract at B3 Friday (9/29/23), the last business day of September, the settlement of the live cattle market futures contract, whose code is BGIU23, took place. The @ price for this maturity, according to the indicator calculated by Cepea, was R$226.26/@. Scot Consultoria's live cattle indicator, calculated according to the method adopted by B3, closing on 9/29, was R$222.09/@. The ...
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