Brazil: The price of live cattle remains stable in São Paulo, but the price of females increases

The price of live cattle remained stable this Tuesday (6/8) in the State of São Paulo, with the arroba for payment in 30 days quoted at R$ 227 in the Barretos and Araçatuba markets, according to Scot Consultoria. However, the amount paid for the cow increased by R$3, to R$205 per arroba. According to Scot, a reduction in the supply of females is notable, a common scenario for this time of year, given that the participation of cows in the slaughter of cattle in the second half of the year is lower compared to the first. As a result, the market is starting to pay more for females. Another factor that deserves to be highlighted, according to the Agrifato consultancy, is the gain in competitiveness that Brazilian cattle have acquired due to the exchange rate devaluation in recent weeks. The dollar closed last Thursday (1/8) at R$5.75, the highest closing level since March 9, 2021. With the North American currency more valued, Brazilian cattle (paid in reais) fall even more in dollars. ...